question 2: If you are a CFO in Canada for a mid-sized company, your companys credit rating is BBB. In the capital market, BBB credit rating company is easy to raise capital from bond issuance, and the YTM is 2% higher than the 10 year government bond; Your company is now with relatively sufficient fund. Given you expect that next year 2021, after the Pandemic is close to end, economy will be rebounded. Your company is in the real estate business as a developer focusing on Great Vancouver Area. Your shareholders are badly impacted by the Pandemic business slowdown. In this situation, and considering the bond features, what are your views to issue a corporate bond, ie., would you think to consider issuing bond? If Yes, what kind of factors you are considering and please list and explain? If No, why, please list your arguments. (no more than 500 words, in bulletin points and explanations). (50 Marks)

Question 3: Congratulations, you have just bought a new town house in Langley appraisal value is Cnd$1,000,000. BMO is happy to give you the mortgage at the rate of 2.06% in contract, 30 years mortgage term. According to the Canada mortgage law, bank can charge you interest by semi-annual compounding; Bank allows the maximum mortgage amount is capped either at 55% of the appraisal value or 6 times your annual income 2019 before tax. (Bank is always very conservative and risk averse.) Your 2019 income before tax is Cnd$100,000. Based on the above information, please calculate your monthly payment mortgage, list your work progress and answers in below: (15 Marks)

For the Question3: list your three reasons, why you think it is a good time to buy the property in Great Vancouver Area. explain it briefly. (20 Marks)