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Canadian Dollars
The Canadian dollar is the currency of Canada, often represented by the symbol C$ or CAD, and it is used throughout the country for financial transactions.
Callable
A term describing a financial security (e.g., a bond) that can be redeemed by the issuer before its maturity date at a predetermined price.
Call Premium
The extra amount that must be paid by the issuer to call a bond before its maturity date, above its par value.
Required Rate
The minimum rate of return on an investment that is necessary for it to be considered a viable option by investors or managers.
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