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Val Resorts, a US based company plans to sell V14,000,000 of eurocommercial paper with a 180-day maturity and discounted to yielder mm to fund the

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Val Resorts, a US based company plans to sell V14,000,000 of eurocommercial paper with a 180-day maturity and discounted to yielder mm to fund the acquisition of a Swiss ski resort. Assume that there are 360 days in a year. What will be the immediate proceeds to Val Resorts? What currency will the proceeds te ervaren? Be sure to both questions. Show all work and round to two decimal places. TTT Arial 3 (12) T - E Val Resorts, a US based company plans to sell V14,000,000 of eurocommercial paper with a 180-day maturity and discounted to yielder mm to fund the acquisition of a Swiss ski resort. Assume that there are 360 days in a year. What will be the immediate proceeds to Val Resorts? What currency will the proceeds te ervaren? Be sure to both questions. Show all work and round to two decimal places. TTT Arial 3 (12) T - E

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