Demographic Change in Canada Over the Course of the Last

question 40

Multiple Choice

Demographic change in Canada over the course of the last century includes a trend towards:

• A)migration.
• B)a larger share of elderly people.
• C)living in cities.
• D)All of the above are correct.

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Definitions:

Semiannual Coupon Rate

The interest rate on a bond or fixed-income security that is paid out to investors twice a year.

Current Yield

This term denotes the annual income (interest or dividends) divided by the current price of the security, often used in reference to bonds.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is often different from its market value.

Call Feature

A provision in a bond or other fixed-income security that allows the issuer to repurchase and retire its bonds before they reach their specified maturity date.