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Question 11 (1 point) Calculate the price of $90,000, 364-day commercial paper on its issue date if the current market rate of return is 4.05%
Question 11 (1 point) Calculate the price of $90,000, 364-day commercial paper on its issue date if the current market rate of return is 4.05% using simple interest. Express your answer to 2 decimal places, but don't include the $ symbol. Your
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