Question: Current Attempt in Progress X Your answer is incorrect. When Blossom Corp. issued its 6 0 - day commercial paper, the promised yield was 1
Current Attempt in Progress X Your answer is incorrect. When Blossom Corp. issued its day commercial paper, the promised yield was percent, whereas the day T bill yield was percent. There is a percent chance that Blossom will default on this debt. If investors were willing to pay the full parvalue amount $ to purchase the paper, how much do they expect to recover in the event of a default? Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
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