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The Troadwater Bank wants to raise $1.2 miltosing three month commercial paper. The net proceed to the bank will be $1,178,400. What is the othetve

The Troadwater Bank wants to raise $1.2 miltosing three month commercial paper. The net proceed to the bank will be $1,178,400. What is the othetve a rate (EAR) of financing for Trendwater? C The AR of this financing % (Round to ore decimal place)

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