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9. Distinguish between the following: (6 marks) a. Debentures and mortgage bonds b. Eurobonds and zero-coupon bonds and junk bonds 10. Calculate the value of

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9. Distinguish between the following: (6 marks) a. Debentures and mortgage bonds b. Eurobonds and zero-coupon bonds and junk bonds 10. Calculate the value of a preferred stock that pays a dividend of $6 per share when the market's required yield on similar shares is 12 percent. ( 2 marks)

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