Question: What is the discount yleld, bond equivalent yleld, and effective annual return on a $2 million commerclal paper Issue that currently sells at 97.75 percent

What is the discount yleld, bond equivalent yleld, and effective annual

What is the discount yleld, bond equivalent yleld, and effective annual return on a $2 million commerclal paper Issue that currently sells at 97.75 percent of Its face value and is 130 days from maturity? (Use 360 days for clscount yleld and 365 days In a year for bond equlvalent yleld and effectlve annual return. Do not round Intermedlate calculations. Round your percentage answers to 3 decimal places. (e.g., 32.161))

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