A semi-annual bond with a 5% coupon and a $100 face value is currently trading at $94. It has four years to maturity. Its current yield is ....

• 2.50%
• 5.00%
• 5.32%
• Insufficient information

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

In November 2018, Sylvia will have $10,000 to invest. But she would like to use the money to purchase a car in November 2019. Which of the following fixed income investments would be most appropriate for Sylvia to purchase?

• 90-day Treasury Bill
• 5-year Cashable Guaranteed Investment Certificate
• 5-year Corporate Bond
• 5-year Index-Linked Guaranteed Investment Certificate

A bond's present value (PV) is found by ....

• Adding the present value of the bond's coupon payments plus the present value of the bond's principal to be received at maturity
• Adding the present value of the bond's coupon payments plus the future value of the bond's principal to be received at maturity
• Adding the future value of the bond's coupon payments plus the present value of the bond's principal to be received at maturity
• Adding the future value of the bond's coupon payments plus the future value of the bond's principal to be received at maturity