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The entity that promises to make the interest and maturity payments for a bond issue is called the Based on the information given in the
The entity that promises to make the interest and maturity payments for a bond issue is called the Based on the information given in the following statement, answer the questions that follov In 2010, the Toronto Hydro Corporation offered for sale $490.1 million in bonds. The bonds sold for $109.538 million with a coupon rate of 6.11% and a maturity of 5/06/2013. The bonds yield 52 basis points (l/100 of a percentage point) above the corresponding Government of Canada bond yields. Who is the issuer of the bonds? What type of bonds are these? O Toronto Hydro Corporation O The Toronto city government O The government of France O Government of Canada bonds O Foreign bonds Corporate bonds Which of the following statements is true about bonds? Government bonds are riskless securities. O Government bonds are assumed to have no default risk. Which of the following types of bonds has the least default risk? Corporate bonds O Government bonds Foreign bonds
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