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Question 33 1 points Saved "The government of Zambia in 2012 issued its first international...

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Question 33 1 points Saved "The government of Zambia in 2012 issued its first international bond. Assume its face value was USD 1,000,000,000. It had two choices, both with 5-year maturities: A Yankee bond that would be issued only in the US with a fixed coupon rate of 5.10 percent semi-annual interest payments, and underwriting, registration, and other fees of 0.50 percent of face value. A USD denominated Eurobond to be sold in Canada, Europe, Australia, and Japan with a fixed coupon rate of 5.0 percent annual interest payments, and underwriting and other fees of 1.00 percent of face value. What is the AIC for each bond issue? Which bond should the government of Zambia issue based on this analysis (Remember, the AIC is an annualized, compounded rate of interest.)" "Yankee Bond: 5.28%, Eurobond: 5.23%. Choose Eurobond" O 'Yankee Bond: 5.22%, Eurobond: 5.23%, Choose Yankee Bond" "Yankee Bond: 5.28%, Eurobond: 5,30%. Choose Yankoo Bond "Yankee Bond: 5,10%, Eurobond: 5.00%, Choose Eurobond

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