Preston Industries has issued four-month commercial paper with a $8 million face value. The firm received $7,831,000 fro

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Preston Industries has issued four-month commercial paper with a $8 million face value. The firm received $7,831,000 fro

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Preston Industries Has Issued Four Month Commercial Paper With A 8 Million Face Value The Firm Received 7 831 000 Fro 1
Preston Industries Has Issued Four Month Commercial Paper With A 8 Million Face Value The Firm Received 7 831 000 Fro 1 (10.65 KiB) Viewed 24 times
Preston Industries has issued four-month commercial paper with a $8 million face value. The firm received $7,831,000 from the issue. What is the effective annual rate for :) this financing closest to? 2.2% 6.6% 8.4% 7.2% Preston industries Effective annual rate
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