Question: A firm issues four-month commercial paper with a face value and receives . What is the EAR the firm is paying for these funds? Round

A firm issues four-month commercial paper with a face value and receives . What is the EAR the firm is paying for these funds? Round to one decimal place. Question content area bottom Part 1 A. 7.4% B. 5.5% C. 5.4% D. 5.3% E. 7.1%

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