1. A CD with a coupon of 3% in USD 5,000,000 which was originally issued for 182 days is now purchased at a rate of 3 % with only 7 days to maturity. What is the consideration payable? Base Days: 360
1. A CD with a coupon of 3% in USD 5,000,000 which was originally issued for 182 days is now purchased at a rate of 3 % with only 7 days to maturity. What is the consideration payable? Base Days: 360
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. A CD with a coupon of 3% in USD 5,000,000 which was originally issued for 182 days is now purchased at a rate of 3 % with only 7 days to maturity. What is the consideration payable? Base Days: 360
2. An exporter discounts a 90 days invoice worth of PKR 2.5mn after 15 days. What is the mark up amount if mark up rate is 12% flat? 360 Days Basis
3. What is the effective annual rate of a corporate bond yielding 3% on quarterly basis? Compare it with a behbud fund (tax free) with annual return of 3% if the tax rate is 3%?
4. A 3 months GoP TBill issued at a discount rate of 9.5%. Calculate its equivalent yield? (360 days basis)
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