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ACI Operations Certificate challenging 3I0-013 Question # 130 Topic 2 Discussion

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ACI Operations Certificate challenging 3I0-013 Question # 130 Topic 2 Discussion

3I0-013 Exam Topic 2 Question 130 Discussion:
Question #: 130
Topic #: 2

Commercial Paper for USD 5,000,000.00 was issued at 0.75%, which you now buy to yield 0.50%. What would you expect to pay?
A.

The face value of 5,000,000.00

B.

More than 5,000,000.00

C.

Less than 5,000,000.00

D.

Cannot decide based on the information supplied

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Actual exam question for ACI 3I0-013 exam by Draven17817 at Aug 2, 2025, 12:00:00 AM

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