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Corporation is considering issuing commercial paper and wants to know the return it must offer in order to sell that financial security to investors. The

Corporation is considering issuing commercial paper and wants to know the return it must offer in order to sell that financial security to investors. The corporation believes that it is necessary to offer the following: 0.2 percent premium for default risk, 0.1 percent premium for liquidity and 0.3 percent adjustment for contributions. Also, the annualized interest rate on a T-Bill is 5 percent. According to this information Rincn Co. must offer ____ percent in its commercial paper. MultipleChoice 5.6 5 .6 5.3

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