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Author Question: Marley Financial plans to sell 50,000,000 of 120-day commercial paper, on which it expects to pay ... (Read 198 times)

craiczarry

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on: Jul 10, 2018
Marley Financial plans to sell 50,000,000 of 120-day commercial paper, on which it expects to pay
  discounted interest at a rate of 5 per year. Dealer fees are expected to be 30,000. The effective
  cost of credit to Marley Financial is
 
  A) 6.22. B) 5.64. C) 7.53. D) 5.27.

Question 2

The Fisher Effect involves which of the items below?
 
  A) Nominal rate, the real rate, and inflation
  B) Nominal rate and the real rate only
  C) Nominal rate and inflation only
  D) Nominal rate, the bond rate, and inflation


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fdliggud

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

Answer: A


craiczarry

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

miss.ashley

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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