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A Government of Canada bond will pay $ 5 0 at the end of every six months for the next 1 4 years, and an

A Government of Canada bond will pay $50 at the end of every six months for the next 14 years, and an additional $3000 lump payment at the end of the 14 years. What is the appropriate price to pay if you require a rate of return of 7.1% compounded semiannually?

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