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On 4 February 2010 a company issued a bond with a face value of $250,000 that matures exactly 25 years later. The coupon rate is

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On 4 February 2010 a company issued a bond with a face value of $250,000 that matures exactly 25 years later. The coupon rate is 6% p.a. compounded half-yearly. What is the bond's value on 4 February 2020 assuming the market yield is 5% p.a. compounded half-yearly. $156,97719 $265.476.72 $275,949.15 $276,162.87 O $225,499.45

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