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4. Calculate the price of these bonds. SHOW YOUR WORK. (2 marks) a) 2-year Quebec 5.00% semi-annual, $100 par value. Investors require a yield to

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4. Calculate the price of these bonds. SHOW YOUR WORK. (2 marks) a) 2-year Quebec 5.00% semi-annual, $100 par value. Investors require a yield to maturity of 6% compounded semi-annually. Mode= At Par N=2*2=4 P/Y = 2 C/Y= 2 I/Y=6% PMT= 5 FV= -$100 PV =70.26 b) 2-year Government of Alberta strip bond, $100 par value. Investors require a yield to maturity of 6% compounded annually. Mode= At par N=2 P/Y = 1

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