Solved

A CD with a Face Value of EUR 10,000,000

Question 482

Multiple Choice

A CD with a face value of EUR 10,000,000.00 and a coupon of 3% was issued at par for 182 days and is now trading at 3.10% with 120 days remaining to maturity. What has been the capital gain or loss since issue?


A) -EUR 52,161.00
B) -t-EUR 47,839.00
C) -EUR 3,827.67
D) Nil

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q477: VaR increases with:<br>A) lower correlation of underlying

Q478: Which one of the following statements is

Q479: Where sale and repurchase agreements or stock

Q480: An Overnight Indexed Swap (OIS) is:<br>A) A

Q481: 3-month EUR/USD FX swaps are quoted to

Q483: In the deposit broker market, which one

Q484: If the yield curve is upward sloping,

Q485: Dealers are allowed to trade for their

Q486: A customer would hedge a currency exposure

Q487: If the value date of a forward