ACI
3I0-012 · Question #88
3I0-012 Question #88: Real Exam Question with Answer & Explanation
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Question
A 30-day 4% CD with a face value of GBP 20,000,000.00 is trading in the secondary market with 20 days remaining to maturity at 4.05%. What would be your holding period yield if you bought the CD now and held it to maturity?
Options
- A4.05%
- B4.0%
- C3.891%
- D3.838%
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