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suppose Deborah purchases a 35-day commercial paper with a par value of $1,000,000 for a price of $997,000. If Deborah holds the commercia paper until

suppose Deborah purchases a 35-day commercial paper with a par value of $1,000,000 for a price of $997,000. If Deborah holds the commercia paper until maturity, and you assume a 360 day year, then the annualized yield is: 2.87% 2.97% 3.09% 3.21%

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