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Question 5 A $100,000 Nova Scotia Power Corporation bond with a coupon rate of 11.25% payable semi-annually matures on April 27, 2014. It was sold
Question 5 A $100,000 Nova Scotia Power Corporation bond with a coupon rate of 11.25% payable semi-annually matures on April 27, 2014. It was sold on February 27, 2006, when market rates were 4.09% payable semi-annually. Calculate the following: a) Market Value b) Accrued Interest c) Cash Price
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