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1. Briefly discuss the nature of fees associated with the purchase of CDs as they relate to (a) banking institutions and (b) brokerage firms. 2.Explain

1. Briefly discuss the nature of fees associated with the purchase of CDs as they relate to (a) banking institutions and (b) brokerage firms.

2.Explain why the rates offered by convertible securities are generally lower than those available on nonconvertible issues of similar quality.

3. Identify a zero-coupon bond that has a convertible feature.

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