ACI
3I0-012 · Question #157
3I0-012 Question #157: Real Exam Question with Answer & Explanation
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Question
You buy a 30-day 4% CD with a face value of GBP 20,000,000.00 at par when it is issued. You sell it in the secondary market after 10 days at 4.05%. What is your holding period yield?
Options
- A4.05%
- B3.891%
- C3.838%
- D1.946%
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