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Palmetto Corporation plans to sell $2,500,000 of euro-commercial paper with a 60-day maturity and discounted to yield 4.50% per annum. What will be the immediate

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Palmetto Corporation plans to sell $2,500,000 of euro-commercial paper with a 60-day maturity and discounted to yield 4.50% per annum. What will be the immediate proceeds to Palmetto Corporation? Assume a 360-day year. 2.478.929 2481.390 2482.622 2.480.159

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