Maxwell Corporation recently issued 270-day commercial paper with a face value of $150,000 and a simple interest rate of 13% annually. What is the commercial paper's annual percentage rate (APR) assuming there are 360 days in a year? (Round all calculations to two decimal places.) a. 13.58%  b. 15.72%  c. 14.40%  d. 13.90%

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Q: 2, 69 st dol

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