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3I0-012 · Question #1

3I0-012 Question #1: Real Exam Question with Answer & Explanation

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Question

A CD with a face value of EUR 10,000,000.00 and a coupon of 3% was issued at par for 182 days and is now trading at 3.10% with 120 days remaining to maturity. What has been the capital gain or loss since issue?

Options

  • A-EUR 52,161.00
  • B-t-EUR 47,839.00
  • C-EUR 3,827.67
  • DNil

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