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Hi I want you help me in this question please . Can-Ed University, which is owned by a group of Canadian universities and colleges, issued

Hi

I want you help me in this question please .

Can-Ed University, which is owned by a group of Canadian universities and colleges, issued bonds to finance the construction of an overseas campus in China. Can-Ed issued 6% 20-year bonds with a face value of $114,000,000. The bonds will pay interest semi-annually.

Calculate the amount of cash Can-Ed will receive if the bonds are sold at a yield rate of:

i.6% (issued at par)

ii.

6.5% (issued at 94.448)

iii.5.5% (issued at 106.02)

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