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It is now September 13. Jane has just purchased a 15-year 8% Canadian corporate bond quoted at 93 65. The last semi-annual coupon payment was

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It is now September 13. Jane has just purchased a 15-year 8% Canadian corporate bond quoted at 93 65. The last semi-annual coupon payment was made on May 31 in the same year. How much will Jane actually pay for this bond? Assume accrued interest is based on ACT/365 Day Count Convention, le the fraction of a year represented by any given time period is represented as the actual number of days in the period divided by 365, (Note: Please retain at least 4 decimal places in your calculations.) $1,020.86 b. 1919.24 OG $1,024.76 Od 5936 50 03953.70

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