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A government of Nova Scotia bond was issued on July 14 2002 with a maturity date of July 14 2032 if the bond was purchased

A government of Nova Scotia bond was issued on July 14 2002 with a maturity date of July 14 2032 if the bond was purchased on July 14 2022 and has a coupon rate of 2.2% compounded semiannually with a market rate of 3.5% compounded semiannually what was the value of the bond on the date it was purchased assume a par value of $1000

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