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The market value of an unidentified security is $260,000. Which one of the following securities is most likely to have that market value? A. A
The market value of an unidentified security is $260,000. Which one of the following securities is most likely to have that market value?
A. | A ten year bond paying a 6% coupon with $250,000 face value and yield to maturity of 8%. | |
B. | An interest rate swap (pay fixed/receive floating) with notional principal of $100M. | |
C. | One SFE 90 day bank accepted bill futures contract. | |
D. | One SFE ten year bond futures contract. | |
E. | 90 day commercial paper with a $230,000 face value. |
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