Question
1.In Canada, most bonds issued are prices on a semi-annual basis therefore A. The yield to maturity provided will be semi-annual B. The yield to
1.In Canada, most bonds issued are prices on a semi-annual basis therefore
A. The yield to maturity provided will be semi-annual
B. The yield to maturity provides will be annual
C. The coupon rate will be paid only at maturity
D. The coupon rate will be paid annually
2.When is a convertible said to be selling "off the Stock"
A. When the bond's prices rises as result of falling interest rates
B. When the prices of the common stock dallas below the conversion prices
C. When the provisions of the forces conversion clause are met
D. When the price of the common stock rises above the conversion prices
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