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8 You buy a 30-day 4% CD with a face value of GBP 20 million at par when it is issued. You sell it in

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8 You buy a 30-day 4% CD with a face value of GBP 20 million at par when it is issued. You sell it in the secondary market after 10 days at 4.05%. What is your holding period return? 4.05% HPR: (SHD)-Por)= PxDB- DX 10 B. 3.891% C. OR ( ( SMP ; Par)-1 ) XDBTx 100 3.838% D. 1.946%

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