Marc bought a 60-day, $80 000 face value commercial paper on its date of issue when...
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Marc bought a 60-day, $80 000 face value commercial paper on its date of issue when yields were 0.75%. He sold it 22 days later when yields were 1. 06%. What was his gain on the nvestment? For full marks your answer(s) should be rounded to the nearest cent Gain = $ 0.00 Marc bought a 60-day, $80 000 face value commercial paper on its date of issue when yields were 0.75%. He sold it 22 days later when yields were 1. 06%. What was his gain on the nvestment? For full marks your answer(s) should be rounded to the nearest cent Gain = $ 0.00
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Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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