What are the secondary market proceeds of a CD with a face value of EUR 5 million and a coupon of 3% that was issued at par for 182 days and is now trading at 3% but with only 7 days remaining to maturity?
A) EUR 4,997,085.03
B) EUR 5,000,000.00
C) EUR 5,071,086.45
D) EUR 5,072,874.16

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The Answer of What are the secondary market proceeds of a CD with a face value of EUR 5 million and a coupon of 3% that was issued at par for 182 days and is now trading at 3% but with only 7 days remaining to maturity?
A) EUR 4,997,085.03
B) EUR 5,000,000.00
C) EUR 5,071,086.45
D) EUR 5,072,874.16

What Are the Secondary Market Proceeds of a CD with a Face