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I'm not sure of this answer?... A firm issues six-month commercial paper with $500,000 face value and receives $488,000. What is the EAR the firm

I'm not sure of this answer?...

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A firm issues six-month commercial paper with $500,000 face value and receives $488,000. What is the EAR the firm is paying for these funds? O 2.40% 2.45% 4.98% 6.00%

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