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Companies X and Y have been offered the following rates perannum on a $5 million 10-year investment, and a bank, acting asintermediary, will charge 0.2%

Companies X and Y have been offered the following rates perannum on a $5 million 10-year investment, and a bank, acting asintermediary, will charge 0.2% per annum (20 basis points) toarrange and ma 2 answers

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