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NEW QUESTION: 1
Bubba buys a 5% bond that matures in 15 years with a 5.10 basis. How much did he pay for the bond?
Explanation: 98.96. A calculator is not required for this. Even Bubba knows the bond is obviously trading at a slight discount by yielding 5.10% instead of the coupon rate of 5%. If the yield was the same as the coupon rate, the price is 100.00.
NEW QUESTION: 2
Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways can the compensation currency be displayed? (Choose three.)
A. Preferred currency
B. Each employee's local currency
C. The corporate currency
D. Only one currency can be displayed
NEW QUESTION: 3
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