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3I0-013 · Question #60

3I0-013 Question #60: Real Exam Question with Answer & Explanation

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Question

A Certificate of Deposit (CD) was issued at 2.50% which you now purchase at 1.75%. What would youexpect to pay?

Options

  • AThe original face value of the CD
  • BMore than the originally paid value
  • CLess than the originally paid value
  • DThere is too little information to decide

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A Certificate of Deposit (CD) was issued at 2.50% which you now... | 3I0-013 Q#60 Answer | NerdExam