Calculate the capital gain or loss that results when a parcel of 90 day NCDs with a face value of $50 million is bought at 3.25% p.a.and sold later the same day after yields have fallen to 3% p.a.

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The Answer of Calculate the capital gain or loss that results when a parcel of 90 day NCDs with a face value of $50 million is bought at 3.25% p.a.and sold later the same day after yields have fallen to 3% p.a.

Calculate the Capital Gain or Loss That Results When a Parcel