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Need business and finance help with Financial Management 300 Words Essay

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Worthington, Inc. is planning to issue $7,500,000 in 120-day maturity notes carrying a rate of 11 percent per year. Worthington’s commercial paper will be placed at a cost of $35,000. What is the effective cost of credit to Worthington? ;

300 words essay explaining answer.

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“Order a similar paper and get 15% discount on your first order with us
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“FIRST15”

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