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a) 4-year Quebec 6.00% semi-annual, $100 par value. Investors require a yield to maturity of 7% compounded semi-annually. Mode= End Mode N= 8 (4-2) P/Y=2
a) 4-year Quebec 6.00% semi-annual, $100 par value. Investors require a yield to maturity of 7% compounded semi-annually. Mode= End Mode N= 8 (4-2) P/Y=2 C/Y=2 1/Y=3.5(7%/2) PMT=3 FV=100 PV = 96.56 b) 4-year Government of Alberta strip bond, $100 par value. Investors require a yield to maturity of 7% compounded annually. Mode=End Mode
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Bankers Handbook On Credit Management
Authors: Indian Institute Of Banking & Finance
1st Edition
9387957853, 978-9387957855
