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 matur
Posted: Wed Mar 16, 2022 9:39 am
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?
A. 4.05%
B. 4.0%
C. 3.891%
D. 3.838%
What would be your holding period yield if you bought the CD now and held it to maturity?
A. 4.05%
B. 4.0%
C. 3.891%
D. 3.838%