Biology Forums - Study Force

Science-Related Homework Help Mathematics Topic started by: johnboycs on May 29, 2023



Title: 270-Day Commercial Paper with a face value of $500,000 was sold 206 days after it was issued at a ...
Post by: johnboycs on May 29, 2023
270-Day Commercial Paper with a face value of $500,000 was sold 206 days after it was issued at a price that would provide a simple rate of interest to the purchaser of 9.85%. What was the price?

▸ $473,668

▸ $508,636

▸ $491,511

▸ $527,796

▸ $490,929


Title: Re: 270-Day Commercial Paper with a face value of $500,000 was sold 206 days after it was issued at a ...
Post by: DPhoenix on May 29, 2023
Content hidden


Title: BFSF: 270-Day Commercial Paper with a face value of $500,000 was sold 206 days after it was issued at a ...
Post by: Lex Musseau on Oct 1, 2023
Help! The answer is missing an explanation...