Surfs-Up Security Savings is considering the problem of trying to raise $80 million in money market funds to cover a loan request from one of its largest corporate customers, which needs a six-week loan. Assume that market interest rates are at the levels indicated below:

Federal funds, average for week just concluded……….       1.98%

Discount window of the Federal Reserve bank ………..      2.25%

CDs (prime rated, secondary market):            

One month………………………………………………      2.52%

Three months……………………………………………      2.80%

Six months ………………………………………………     3.18%

Eurodollar deposits (three months) ………………………    3.00%

Commercial paper (directly placed):   

One month ………………………………………………     2.33%

Three months………………………………………………  2.70%