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Calculate the market value of a 25-year, $1,000 Alberta Government bond that has nine years remaining to maturity, a coupon rate of 9% and is
Calculate the market value of a 25-year, $1,000 Alberta Government bond that has nine years remaining to maturity, a coupon rate of 9% and is trading today at a yield rate of 7.2% (compounded semiannually). Multiple Choice O $891 $848 $1,118 1169 1087
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