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3I0-012 · Question #231

3I0-012 Question #231: Real Exam Question with Answer & Explanation

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Question

You buy a 181-day 2.75% CD with a face value of USD 1,500,000.00 at par when it is issued. You sell it in the secondary market after 150 days at 2.60%. What is your holding period yield?

Options

  • A2.60%
  • B2.75%
  • C2.775%
  • D2.813%

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