QUESTION 23 Assume that today, the annualized one-year Interest rate is 8 percent. A two-year security has an annualized interest rate of 10 percent One year from now, you are planning to sell the 1-year commercial paper to investors. You also know that the liquidity premium for your company estimated to be 0.9 percent, there is a 0.9 percent tax adjustment, and the appropriate default premium is 1.2 percent. Find the yield of your future commercial paper. (Hint: assume that future 1-year risk-free rate in 1 year forward rate minus 1 percent) For example, if you find that the yield 12.50%. type "12.50 in the box