Graph the one-month commercial paper rates

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Go to research.stlouisfed.org/fred2/, the St. Louis Federal Reserve's Economic Data (FRED) Web site. Select Interest Rates and then select Commercial Paper. Graph the one-month commercial paper rates. What happened to the interest rate on commercial paper in the fall of 2008? Explain this change in the commercial paper market in the context of the financial panic occurring during the fall of 2008.

Reference no: EM131304135

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