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Tropical Inc plans to sell 60,000,000of 120-day commercial paper, on which it expects to pay discounted interest at a rate of 5% per year dealer

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Tropical Inc plans to sell 60,000,000of 120-day commercial paper, on which it expects to pay discounted interest at a rate of 5% per year dealer and back up fees are 15 and 20 basis points, respectively. The effective cost of commercial paper is Annual 5.52% 01.81% 5.63% 7.21 %

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