Multiple Choice
What are the secondary market proceeds of a CD with a face value of EUR 5 million and a coupon of 3% that was issued at par for 182 days and is now trading at 3% but with only 7 days remaining to maturity?
A) EUR 4,997,085.03
B) EUR 5,000,000.00
C) EUR 5,071,086.45
D) EUR 5,072,874.16
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q152: A 1-month (30-day) USCP with a face
Q153: What are IMM dates?<br>A) The 10th of
Q154: What is Model Codes recommendation on the
Q155: When you are accepting a stop loss
Q156: You bought a EUR 8,000,000 6x9 FRA
Q158: What is the ISO code for the
Q159: A 7% CD was issued recently, at
Q160: You wish to sell a customer GBP/USD
Q161: You are paying 5% per annum paid
Q162: 3-month USD/CHF is quoted at 112/110. Interest