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20. What is the Effective Annual Return on a $10 million commercial paper issue that...

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Finance

20. What is the Effective Annual Return on a $10 million commercial paper issue that currently sells at 96% percent of its face value and is 100 days from maturity? PRESENT YOUR ANSWER AS PERCENT ROUNDED TO ZERO DECIMAL PLACES. DON'T WRITE THE PERCENTAGE SYMBOL ( IF YOUR ANSWER IS 95% JUST WRITE 95 )

21.

What is the price of a 12% coupon rate bonds that matures in 5 years if market interest rate is 10%?

Use annual analysis

PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES

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