Question: What is the difference between the yield on 90-day commercial paper and the yield on 13-week T-bills on 4/19/2021? Apply the concepts discussed in Chapter

  1. What is the difference between the yield on 90-day commercial paper and the yield on 13-week T-bills on 4/19/2021? Apply the concepts discussed in Chapter 6 to explain why this premium exists.
  2. Compare the premium on the 90-day commercial paper yield (relative to the 13-week T- bill yield) that exists 4/19/2021 to the premium that existed on 2/8/2021. Apply the concepts discussed in Chapter 6 to explain why the premium may have changed over the school term.

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