Your firm invested $$2,497,700$ in $310-$day commercial paper today. At the end of the investment period $($in $310$ days$)$ the firm will receive $$2,596,100.$

Required:

a$.$ What is the $310-$day holding period rate of return on the investment? $($Round your answer to $2$ decimal places.$)$

HPR

b$.$ How many $310-$day periods are there in one year? $($Use a $365-$day year. Round your answer to $4$ decimal places.$)$

Number of periods

c$.$ What is the annual percentage rate APR earned on the investment? $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

APR

$6$

d$.$ What is the effective annual rate $($EAR$)?($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

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