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Suppose Ana purchases a 35-day commercial paper with a par value of $1,000,000 for a price of $998,000. If Ana holds the commercial paper

Suppose Ana purchases a 35-day commercial paper with a par value of $1,000,000 for a price of $998,000. If Ana holds the commercial paper until maturity, and you assume a 360 day year, then the annualized yield is: 1.92% O2.06% O 2.16% 2.18%

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