When it says that in the RRSP there is 1000 shares of Royal Bank of Canada valued at 98$ each and 125 000$ principal value of 4.5% Government of Canada 20-year bonds, what does this mean? Also it says that the bonds trade at a premium of 30%.
I understand that if there are 1000 shares each valued at 98$, we multiply these 2 values to get the amount that it’s worth, but what does the other information mean and is it correlated to the shares in the bank?
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