What do you do


Problem

Imagine that you are in charge of finance at a corporation and you have $1 million of cash available today that you need for an upcoming project that will start in exactly one year. You have the following investments available to you: (annualized yields in parenthesis): T-bills: 3.2%; Commercial paper: 3.4%; T-bonds 4%. What do you do?

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Financial Management: What do you do
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