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How much interest would you earn if you held the T Bill in Question #2 to maturity? Select one: a. $ 9,742.90 b. $10,597.46 c.
How much interest would you earn if you held the T Bill in Question #2 to maturity? Select one: a. $ 9,742.90 b. $10,597.46 c. $11,223.60 d. $11,885.51 e. $12,065.10 The Putnam Group wants to issue $50 Million of new 20-year bonds. The bonds have a coupon of 4.25%, paid semi-annually. The YTM on similar Putnam bonds is currently 4.75%. What is the total amount of money raised by Putnam from the bond issue? Select one: a. $50,000,000 O b. $49,665,331 c. $48,362,905 d. $46,795,053 e. $46,554,556 Five years after buying the bond issued by The Putnam Group in Question #6, you need to sell. The current YTM at the sale date is 4.0%. What is your sale price per $1,000 bond? Select one: a. $995 b. $1,000 c. $1,009 d. $1,028 e. $1,084 Which of the following statements are TRUE with respect to price risk and/or reinvestment risk? Select one: a. A long bond has more price risk than a short bond b. A long bond has less reinvestment risk than a short bond c. A high coupon bond has more price risk than a low coupon bond d. A low coupon bond has more reinvestment risk than a high coupon bond e. A short bond has less price risk and less reinvestment risk than an otherwise identical long bond
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