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A $ 2 1 0 0 0 government of canada bond was issued with a 2 5 - year maturity and a coupon rate of

A $ 21000 government of canada bond was issued with a 25-year maturity and a coupon rate of 8.92% compunded semi annually. Two-and-a-half years later the bond is being sold when
market rates have increased to 9.46% compounded semi-annually. Determine the selling price of the bond. Round to the nearest dollar.

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