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Please solve the problem using excel and explain steps by stepswith reasonings. On December ( 31^{text {st }}, 2006 ) you decided to buy a

Please solve the problem using excel and explain steps by stepswith reasonings. On December \( 31^{\text {st }}, 2006 \) you decided to buy a 50 -year Government of Canada bond. The bond had a face value of \( \$ 10,000,000 \). The coupon rate on the bond was \( 6.20 \% \). Coupo 2 answers

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