ument1 - Word Search erences Mailings Review View Help Suppose Lucia (a U.S. investor) purchases a 25-day Euro-commercial paper with a par value of 10,000,000 Indian rupees for a price of 9,970,000 Indian rupees. If the rupee is worth $0.01, the spot rate is anticipated to be $0.010800 per rupee at the end of maturity, and Lucia holds the Euro- commercial paper until then, assuming a 360 day year, the effective yield is: 11.79% 12.05% 12.68% 12.81%