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You purchased units in a mutual fund five years ago when its NAVPS was $12.57. The units were then redeemed when the NAVPS was $14.83.

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You purchased units in a mutual fund five years ago when its NAVPS was $12.57. The units were then redeemed when the NAVPS was $14.83. Your compounded annual average return from this investment was: 4.72% 5.93% 5.20% 3.36% You purchased 200 shares of BNS common stock on margin at $70 per share from your broker. If the initial margin is 55%, how much did you borrow from the broker? $6,300. $7,000 $7,700 $6,000 Question 31 (1 min Find the price of a $1,000 par value, 10 percent coupon bond with three years to maturity if the yield to maturity is now 12 percent. The bond pays interest on a semi-annual basis. [USE Present Value Tables] $1050.96 $951.96 $950.85 $999.80 Mr. Ng has researched a small company, whose stock is selling at $7.65. He wants to buy 1,000 shares but thinks that he might get the stock at $7.40. To try to buy the stock at the lower price, he should place a: Limit-Buy order at $7.40. Buy-Stop order at $7.40. Sell-Stop order at $7.40. Limit-Sell order at $7.40 TD perpetual preferred shares with $25 par value are currently trading at $20 providing a 5% return. What price do you buy at to attain an 6% desired rate of return? $16.66 $17.50 $23.83 $25.00

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