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Con 2 et ered ed out of ag question A Government of Canada bond has a 6.4 percent coupon which pays semi-annually and matures
Con 2 et ered ed out of ag question A Government of Canada bond has a 6.4 percent coupon which pays semi-annually and matures in 11 years. If interest rates have declined to 5.4 percent for similar bonds, what should be the price for this bond? (Assume $1000 par value) O a. $1607.79 o $1000 O c. $1081.35 Od. $1082.13 estion 3 yet wered ked out of If you want to save $1,000,000 for retirement with $200 monthly deposits (end-of-month) at 6.5 percent interest compounded monthly, how long will it take? Oa. 54.0 years Flag question O b. 49.9 years O c. 53.0 years O d. 51.4 years
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