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You can buy commercial paper of a major U.S. corporation for $495000 The paper has a face value of $500,000 and is 45 days from maturity Calculate the discount yield and bond equivalent yield on

You can buy commercial paper of a major U.S. corporation for $495,000. The paper has a face value of $500,000 and is 45 days from maturity. Calculate the discount yield and bond equivalent yield on the commercial paper.

May 18 2020 View more View Less

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