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CO2 Coals' commercial paper is currently selling at 99.198 percent of maturity value; it matures in 42 days. a. What annualized yield is it offering

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CO2 Coals' commercial paper is currently selling at 99.198 percent of maturity value; it matures in 42 days. a. What annualized yield is it offering to investors? [2 marks] (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Annualized yield % b. What annual effective yield [with compounding affects] is it offering to investors? [2 marks] (Use 365 days in a year. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Annual effective yield %

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