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stranahan stranahan
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7 years ago
Amalgamated Appliance Inc has planned a 3-month issue of commercial paper with a face value of $25,000,000. The paper is set to sell at 98.5% of face value. What is the EAR?
A) 3.12%
B) 6.08%
C) 6.23%
D) 3.04%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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portalgoal!portalgoal!
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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#3
4 years ago
thank you!
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#4
3 years ago
Thank You!
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