Trina purchases a US government bond, denominated in US dollars. The bond is issued in Canada...

 

Transcribed Image Text:

Trina purchases a US government bond, denominated in US dollars. The bond is issued in Canada and she purchases it through her investment dealer in Toronto, Ontario. The bond has a $25,000 face value and a 3% coupon rate. Which of the following statements about Trina's investment are CORRECT? i. Trina owns a Eurobond. il. Trina will receive semi-annual payments of $750. i. Trina's coupon payments are taxed more favourably than a GIC. iv. Trina will have a capital gain if she sells the bond for more than $25,000. i and ii Oa) Ob) Oc) Od) i and iv ii and iii ii and iv Trina purchases a US government bond, denominated in US dollars. The bond is issued in Canada and she purchases it through her investment dealer in Toronto, Ontario. The bond has a $25,000 face value and a 3% coupon rate. Which of the following statements about Trina's investment are CORRECT? i. Trina owns a Eurobond. il. Trina will receive semi-annual payments of $750. i. Trina's coupon payments are taxed more favourably than a GIC. iv. Trina will have a capital gain if she sells the bond for more than $25,000. i and ii Oa) Ob) Oc) Od) i and iv ii and iii ii and iv

Answer rating: 100% (QA)

Option B is correct i iv i Tina own Euro ... View the full answer