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I can't figure this out Question 14 1 pts A treasury manager is examining the potential to issue commercial paper based on the following assumptions:
I can't figure this out
Question 14 1 pts A treasury manager is examining the potential to issue commercial paper based on the following assumptions: Face Value $25,000,000 Discount Rate: 0.75% Dealer Fee = 0.25% Commitment Fee-0.15% Days to Maturity 30 Based on these assumptions, what is the amount of available funds raised through the commercial paper issuance? 25,000,000.00 $24,984,375.00 $24,979,166.67 $24,976,041.67 Step by Step Solution
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