Cyber Monday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
ICMA Exam FMFQ Topic 4 Question 45 Discussion
Actual exam question for
ICMA's
FMFQ exam
Question #: 45
Topic #: 4
[All FMFQ Questions]
Topic #: 4
You have just bought a USD 5,000,000 of a 3 month Commercial paper (91 days) qupted at a discount to yield of 4.5% (A/360). How much will you pay for this security?
Suggested Answer:
C
Currently there are no comments in this discussion, be the first to comment!