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I mainly need help with the 2nd question please!! You are an analyst in the Treasury department of Bennett Inc., a multinational firm. You have
I mainly need help with the 2nd question please!!
You are an analyst in the Treasury department of Bennett Inc., a multinational firm. You have been tasked with answering questions the Treasurer has regarding short-term investing and short-term borrowing. Below are numbers that your assistant has researched for you to answer these questions Discount rate on company's Commercial paper Discount rate on money market securities for investing Dealers annual fee percent on commercial paper Marginal tax rate Yield on Municipal bonds Short-term portfolio beginning of year value Short-term portfolio end of year value Line of Credit with the Bank Interest Rate on bank lending Commitment Fee percentage on line of credit Compensating Balance percentage on line of credit 1.00% 3.00% 0.15% 35% 2.00% 250000.00 257000.00 350,000.00 5% 0.50% 10% a Question #1: The Treasurer is considering investing $20,000 into a money market security with 180 days until maturity. What is the security's money market yield? O a.5.01% b.3.05% O c. 10% O d. 16.2% For the money market security in the previous question, what is the amount of the dollar discount? O a $300 O b. $750 O c $1300 O d. $899 > You are an analyst in the Treasury department of Bennett Inc., a multinational firm. You have been tasked with answering questions the Treasurer has regarding short-term investing and short-term borrowing. Below are numbers that your assistant has researched for you to answer these questions Discount rate on company's Commercial paper Discount rate on money market securities for investing Dealers annual fee percent on commercial paper Marginal tax rate Yield on Municipal bonds Short-term portfolio beginning of year value Short-term portfolio end of year value Line of Credit with the Bank Interest Rate on bank lending Commitment Fee percentage on line of credit Compensating Balance percentage on line of credit 1.00% 3.00% 0.15% 35% 2.00% 250000.00 257000.00 350,000.00 5% 0.50% 10% a Question #1: The Treasurer is considering investing $20,000 into a money market security with 180 days until maturity. What is the security's money market yield? O a.5.01% b.3.05% O c. 10% O d. 16.2% For the money market security in the previous question, what is the amount of the dollar discount? O a $300 O b. $750 O c $1300 O d. $899 >
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