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help Lockup provision aims to stabilize stock prices after a company goes public by restricting from selling their shares for a specified period after an

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Lockup provision aims to stabilize stock prices after a company goes public by restricting from selling their shares for a specified period after an IPO in order to prevent pressure on the price of the stock. Question 6 1 pts Suppose Sally purchases a 28 -day commercial paper with a par value of $1,000,000 for a price of $998,500. If Danny holds the commercial paper until maturity, and you assume a 360 day year, then the annualized yield is: 1.93 percent 2.16 percent 2.58 percent 2.89 percent

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