A corporate treasurer is looking to invest about 4 million, Financial Management

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A corporate treasurer is looking to invest about 4 million

A corporate treasurer is looking to invest about $4 million for 60 days. Commercial paper rates are a 3.65% discount and CD rates are 3.66%. Comparing the bond equivalent yields over a 365-day year, which is the best alternative? What is the opportunity cost of leaving the funds idle?

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Financial Management: A corporate treasurer is looking to invest about 4 million

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Financial Management: A corporate treasurer is looking to invest about 4 million

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