Treadwater and Magna activeve by iccesalng the cemmercial paper marke? The effective arinial rate of the paper to Magna in (. Round 10 tres decimal jaces) Trebdivater saved 3 (Pound to the nearest dolar) Magna taved 1 (Fhound to the bearest dilion) The Treadwater Bark wants to raise $1,000,000 using thee-month commeccial paper. The net proceeds to the bank will be $933,000. What is the ellective anrual rate of this financing for Treadwater? Magna Corporation has an issue of commercial paper with a face value of $1,000,000 and a masurty of sx months. Magna recelved net peoceeds of $974,311 when it oold the pepec. What is the effective annual rate of the paper to Magna? Assume that the prime rate is 8.4% A. AF, compounded quaterly. How much dolar savings in interest did Tresdwater and Magre achieve by accessing the commercial paper market? The effective annual rate of this financing for Treadwaser is \$. (Round to two decimal places). The effective annual rate of the paper to Magna is %. (Round to two decimal places.) Treadwater saveds (Round to the nearest dollar) Magna saved5 (Round to the nearest dollar.)