ACI
3I0-012 · Question #224
7-day USCP is quoted at a rate of discount of 1.75%. What is its true yield?
The correct answer is B. 1.75%. See the full explanation below for the reasoning.
Question
7-day USCP is quoted at a rate of discount of 1.75%. What is its true yield?
Options
- A1.73%
- B1.75%
- C1.77%
- D1.80%
How the community answered
(35 responses)- A3% (1)
- B83% (29)
- C6% (2)
- D9% (3)
Community Discussion
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