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Home / Questions / An investor purchased an NCD a year ago in the secondary market for $980,000. She redeems ...

An investor purchased an NCD a year ago in the secondary market for $980,000. She redeems it today and receives $1,000,000. She also receives interest of $20,000. The investor's annualized yield on

An investor purchased an NCD a year ago in the secondary market for $980,000. She redeems it today and receives $1,000,000. She also receives interest of $20,000. The investor's annualized yield on this investment is

   

2.0 percent.

   

5.10 percent.

   

4.08 percent.

   

2.04 percent.

Jun 25 2021 View more View Less

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