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Section A : Multiple Choice Questions ( each MCO is worth 2 points )IT each of the following , please pick the best answer*1 . What is the yield on a $10 , 000 Canadian T – Bill with 90 days to maturity and a market priceof $9, 625 ?)a .3. 90 %b.15.80 %C .3.75%1. 15.21%2 . Toronto Skates Corp . has 6 percent annual -pay coupon bonds that trade with a yield tomaturity of 5.5 percent . Each bond has a face value of $1000 , and has eight years tomaturity . What is the current bond price ?2. $1 , 032. 01b. $1 , 031. 67C. $968.95d . $968.603 .What is the YI’M of a four – year semi – annual coupon pay bond with a par value of $1 , 000and a 4 percent coupon rate when the bond is priced at $932.35 ?a .2. 96%/0b .5.95%5. 92%d .11. 90 %4 .ABC Inc . has semi – annual coupon pay bonds that trade with a yield to maturity of 7percent . Each bond has a six – year term to maturity and is currently selling for $1 , 067 . 20.The face value of each bond is $1000 . The coupon rate of the bond is :`2 . 8.39%/06. 4.95 %C . 8. 41 %d . 15. 69%2
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