Question
1) Marie purchased a 6%, $10,000 bond at 98.2. If she holds her bond until the maturity date, what will her total final yield consist
1)
Marie purchased a 6%, $10,000 bond at 98.2. If she holds her bond until the maturity date, what will her total final yield consist of?
Capital gains only | ||
Interest income and a capital loss | ||
Interest income only | ||
Interest income and a capital gain |
2)
Graciela is interested in buying an "Ontario 10% 15 May 28" bond which has a "face value" of $10,000. How much interest will the Ontario government pay Graciela if she buys the bond on its anniversary date and holds it for exactly one year?
$500 | ||
$1000 | ||
$10,000 | ||
$250 |
3)
You are interested in purchasing the following Federal Government bond identified as a 5-year "Canada 4.5% 27 August 24". When does the Federal Government pay interest on this bond?
August 27th each year | ||
August 24th and February 24th each year | ||
August 24 each year | ||
August 27 and February 27 each year |
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