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Business, 20.08.2021 02:30 tatemcgee

You purchase $10 million (Par or face value]) of commercial paper (CP) from the Coffee Hut Corporation. The paper will mature in 270-days. If the current selling price of this CP is $9.55 million ($9,550,000), what is the BEY on this commercial paper

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You purchase $10 million (Par or face value]) of commercial paper (CP) from the Coffee Hut Corporati...
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