Question: need correct and short answer i will give you like your answer Calculate the capital gain or loss that results when a parcel of 90

need correct and short answer i will give you like your answer
need correct and short answer i will give you like your answer

Calculate the capital gain or loss that results when a parcel of 90 day NCDs with a face value of $50 million is bought at 3.25% p.a. and sold later the same day after yields have fallen to 3% p.a. P=1+(r365d)F

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!