Question 12 (3 points) What is the discount yield for a $3.0 million commercial paper...
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Question 12 (3 points) What is the discount yield for a $3.0 million commercial paper issue that currently sells at 96.75% of face value and has 160 days to maturity? 7.558% 7.414% 7.313% 0 7.267% 7.663%
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