ACI
3I0-012 · Question #230
3I0-012 Question #230: Real Exam Question with Answer & Explanation
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Question
A CD with a face value of USD 50,000,000.00 and a coupon of 4.50% was issued at par for 90 days and is now trading at 4.50% with 30 days remaining to maturity. What has been the capital gain or loss since issue?
Options
- A+USD 373,599.00
- B+USD 186,099.00
- C-USD 1,400.99
- DNil
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