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  3. you plan to issue $120 million in 90 day commercia

You plan to issue $120 million in 90 day commercial paper into a market that...

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Finance

  1. You plan to issue $120 million in 90 day commercial paper into a market that should be happy to invest in your company. If issue costs are $80,000 and you discount at 7%, what is your cost of borrowing to you? (5)

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