The interest paid by the issuer of commercial paper is determined by the size of the discount and the length of time to maturity. Company A loans company B $985,000 for 3 months, and company B promises to pay back $990,000 at the end of the loan period. What is the annualized interest rate on this commercial loan? a. 0.507% b. 2.02% c. 2.03% d. 5.07%