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Suppose that $10 million face value commercial paper with a 180 day maturity is selling for $9.875 million. What is the Discount Yield on the

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Suppose that $10 million face value commercial paper with a 180 day maturity is selling for $9.875 million. What is the Discount Yield on the commercial paper? percent What is the Effective Annual Rate on the commercial paper? percent (Do hot round internediate cafcutations but round your final answer to 2 decimal places)

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