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Question 5 (1 point) Firm A just issued a commercial paper with a face value of $1,000,000. It will be mature in 125 days. If
Question 5 (1 point) Firm A just issued a commercial paper with a face value of $1,000,000. It will be mature in 125 days. If the yield to maturity is 7.0 percent per annum, what is the fair price of this commercial paper? Your Answer: Answer Hide hint for Question 5
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