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With an effective annual interest rate of 10.4%, how much debt finance can a large company initially raise in the money markets by issuing a
With an effective annual interest rate of 10.4%, how much debt finance can a large company initially raise in the money markets by issuing a bill maturing in 180 days with a face value of $100,000? Select one: a. $90,580 b. $95,121 c. $96,400 Od. $81,822 e. $90,757
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