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Given the following investments. Investment A: a $10M investment in 183 day commercial paper has a 1.93% discount yield Investment B: an equivalent size and
Given the following investments.
Investment A: a $10M investment in 183 day commercial paper has a 1.93% discount yield
Investment B: an equivalent size and risk 183 day CD has a 1.93% single payment yield
You would choose investment (A or B) as it pays % higher return than the other investment. (Do not include percentage sign. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 0.161))
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