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The coupons on a Government of Canada bond will pay $300 at the end of every six months for the next 14 years. The bond

The coupons on a Government of Canada bond will pay $300 at the end of every six months for the next 14 years. The bond will pay an additional $3000 lump payment at the end of the 14 years. What is the appropriate price to pay if you require a rate of return of 5.8% compounded semiannually?

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