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undefined Deluxe Limited issue a commercial paper of $600,000 at 16% interest per annum for 90 days with a dealer fee of $6,000. Calculate the

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Deluxe Limited issue a commercial paper of $600,000 at 16% interest per annum for 90 days with a dealer fee of $6,000. Calculate the cost of short-term credit. Select one: 21.05% b. 20.85% O c. 20.50% d. None Next pa search OBI

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