What will the annualized yield be

Reference no: EM132077729

Question: Sara has decided to invest in commercial paper with a par value of $1,000,000 and a 60-day maturity for $990,000. If Sara decides to hold this investment to maturity then what will her annualized yield be? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132077729

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