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Which of the following are typical commercial paper denominations? Check all that apply. $1,000,000$1,560,000$26,000,000$565,000,000 Which of the following are characteristics of commercial paper? Check all

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Which of the following are typical commercial paper denominations? Check all that apply. $1,000,000$1,560,000$26,000,000$565,000,000 Which of the following are characteristics of commercial paper? Check all that apply. Their denominations are typically in multipies of $100,000. Their maturities are normally between 20 and 45 days but can be as short as 1 day or as long as 270 days. Firms are the most common investors in these securities. They are typically used to finance firms' major projects like the construction of new facilitles. Suppose Juanita purchases a 30-day commercial paper with a par value of $10,000,000 for a price of $9,960,000. If Juanita holds the commerciai paper until maturity, and you assume a 360 day year, then the annualized yield is: 4.3490 4.58% 4.82% 5.06%

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