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Suppose a stock index contains the stock of 3 Sems A, B and C. The stock prices for the three firms are $48, 520 and

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Suppose a stock index contains the stock of 3 Sems A, B and C. The stock prices for the three firms are $48, 520 and 534, respectively. The firms have 119 million 71 million and 135 million shares outstanding, respectively. If the index is value-weighted calculate its initial value. (round your answer to 2 decimal places) Suppose that ABC bank decides to purchase a T-note and convert it into a STRIP The T-note has a maturity of 6 years, pays a 6% coupon rate (semiannual) and a face value of $10,000 How many separate securities can be created? 06 01 012 0 13

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