Question: 2. What is the discount yield, bond equivalent yield, and effective annual return on a $5 million commercial paper issue that currently sells at 98.25

2. What is the discount yield, bond equivalent yield, and effective

2. What is the discount yield, bond equivalent yield, and effective annual return on a $5 million commercial paper issue that currently sells at 98.25 percent of its face value and is 136 days from maturity? (LG 5-1)

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