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12 of 30 Unsure It is now September 13. Jane has just purchased a 15-year 6% Canadian corporate bond quoted at 93.65. The last
12 of 30 Unsure It is now September 13. Jane has just purchased a 15-year 6% Canadian corporate bond quoted at 93.65. The last semi-annual coupon payment was made on May 31 in the same year. How much will Jane actually pay for this bond? Assume accrued interest is based on ACT/365 Day-Count Convention, i.e. the fraction of a year represented by any given time period is represented as the actual number of days in the period divided by 365. (Note: Please retain at least 4 decimal places in your calculations.) O a. $919.24 O b. $936.50 O c. $953.76 O d. $1,024.76 O e. $1,020.86 1.5 Marks
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