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Today is October 25, 2007, Alex has just purchased a ten-year 4.5 percent Canadian goverment bond with price of 968 94. The last semi-annual coupon
Today is October 25, 2007, Alex has just purchased a ten-year 4.5 percent Canadian goverment bond with price of 968 94. The last semi-annual coupon payment was made on June 30, 2006. How much will Alex actually pay for this bond? Each year has 365 days $976.15 O $954.52 O $968 94 5983.36
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