subject
Business, 14.04.2020 18:18 ryvergoss

Criss-Cross Manufacturers will issue commercial paper for a short-term cash inflow. Criss-Cross must raise $5 comma 900 comma 000, and the paper will have a maturity of 182 days. If this paper has a maturity value of $50 comma 000 and is selling at an annual interest rate of 8.5 %, what are the proceeds from each paper; that is, what is the discount rate on the commercial paper?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
question
Business, 22.06.2019 19:30
Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.
Answers: 1
question
Business, 22.06.2019 19:30
The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.
Answers: 1
question
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 1
You know the right answer?
Criss-Cross Manufacturers will issue commercial paper for a short-term cash inflow. Criss-Cross mus...
Questions
Questions on the website: 13722367