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Exhibit 17 -Refer to Exhibit 17

question 43

Multiple Choice

Exhibit 17.1
Use the Information Below for the Following Problem(S)
 Company  Ticker  Coupon  Maturity Last Price Last Yield EST Spread UST Est $ Vol(000’s)  Cen Fler  GE  4.75  9/15/201999.5444.8086210158736\begin{array}{ccc}\text { Company } & \text { Ticker } & \text { Coupon } & \text { Maturity}& \text { Last Price}& \text { Last Yield}& \text { EST Spread}& \text { UST}& \text { Est \$ Vol(000's) }\\\hline \text { Cen Fler } & \text { GE } & \text { 4.75 } & \text { 9/15/2019} & 99.544 & 4.808 & 62& 10 & 158736\end{array}
-Refer to Exhibit 17.1.What price would you pay in dollars to purchase this bond?


Definitions:

Deed of Trust

A document used in real estate that secures a loan by transferring the legal title of a property to a trustee until the loan is paid off.

Warranty Deed

A document in real estate transactions that guarantees a property is free from liens or claims and assures the buyer of clear title.

Security Interest

A lien or legal claim on assets that have been offered as security to ensure the repayment of borrowed money.

Real Property

Land and anything permanently affixed to it, such as buildings and improvements; distinguished from personal property.

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