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A Government of Canada bond has a 6 percent coupon which pays semi-annually and matures in 11 years. If the yield for similar bonds is

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A Government of Canada bond has a 6 percent coupon which pays semi-annually and matures in 11 years. If the yield for similar bonds is 5.4 percent, what should be the price for this bond? (Assume $1000 par value) 9 Trey purchases 200 shares of Turner stock for $50 per share. Trey pays $5,000 in cash and borrows $5,000 from his broker at 10 percent interest to complete the purchase. One year later, Trey sells the stock for $60 per share. Trey's return if the stock paid no dividends during the year is

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