Martinakom

Not Rated (0)

$12/per page/Negotiable

About Martinakom

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Architecture and Design,Biology,Business & Finance,Calculus,Chemistry,Computer Science,Geology Hide all
Teaching Since: Jul 2017
Last Sign in: 398 Weeks Ago, 4 Days Ago
Questions Answered: 5023
Tutorials Posted: 5024
Category > Business & Finance Posted 19 Aug 2017 My Price 8.00

Magna Corporation has an issue of commercial paper with a face value of $ 1 comma 000 comma 000$1,000,000and a maturity of six months.

Magna Corporation has an issue of commercial paper with a face value of $ 1 comma 000 comma 000$1,000,000and a maturity of six months. Magna received net proceeds of $ 973 comma 710$973,710when it sold the paper. What is the effective annual rate (EAR)of the paper toMagna?

The effective annual rate is nothing%.(Round to two decimalplaces.)

Answers

Martinakom
Not Rated (0)
Status NEW Posted 19 Aug 2017 12:08 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â-----------  -----------Tha-----------nk -----------you----------- fo-----------r y-----------our----------- in-----------ter-----------est----------- an-----------d b-----------uyi-----------ng -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------. P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll -----------be -----------qui-----------ckl-----------y

Not Rated(0)