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We bought a 90-day commercial paper with a face value of $6000000at 5.28% p.a. We held the paper for 22days and then sold it at
We bought a 90-day commercial paper with a face value of $6000000at 5.28% p.a.
We held the paper for 22days and then sold it at a yield of 2.33% p.a. At what price did we sellit? fia
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