A CD with a Face Value of EUR 10,000,000

question 482

Multiple Choice

A CD with a face value of EUR 10,000,000.00 and a coupon of 3% was issued at par for 182 days and is now trading at 3.10% with 120 days remaining to maturity. What has been the capital gain or loss since issue?

• A) -EUR 52,161.00
• B) -t-EUR 47,839.00
• C) -EUR 3,827.67
• D) Nil

---

Definitions:

Main Effect

The direct influence of an independent variable on a dependent variable in an experimental study, ignoring the effects of other variables.

Marginal Means

The average value of a variable at each level of another variable, often used in the analysis of variance.

Main Effect

The direct impact of an independent variable on a dependent variable, ignoring other potential influencing factors.

Significant

In statistics, it refers to results that are unlikely to have occurred by chance alone, according to a predefined threshold of probability (the significance level).