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luannamw86 luannamw86
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A year ago
Commercial Paper with a face value of $1,000,000 issued at a discount rate of 7.5% has a term of 360 days. To the nearest dollar, at what price was it issued?

▸ $944,736

▸ $1,000,000

▸ $925,000

▸ $1,073,973

▸ $931,122
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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Gimor1220Gimor1220
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A year ago
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luannamw86 Author
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A year ago
Thank you, thank you, thank you!
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Brilliant
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