ACI Exam 3I0-008 Topic 1 Question 2 Discussion

Actual exam question for ACI's 3I0-008 exam

Question #: 2
Topic #: 1

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?

AEUR 4,997,085.03

BEUR 5,000,000.00

CEUR 5,071,086.45

DEUR 5,072,874.16

Show Suggested Answer

Suggested Answer: D

by Youlanda at May 09, 2022, 02:41 PM

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