Use this information for questions 20-22. You are looking at the following Province of Alberta Bond. It will mature 15 years from today and has a face value of $10,000. It is named PAB 9 and it pays 9% coupons on a semi-annual basis. Instruments with a coupon rate of 6% per annum and similar risk, compound periods, characteristics and maturity are currently trading at par. 22. Now two years and a half years have passed. You have just received your first coupon that year and still due to receive your upcoming second coupon. What could you sell the bond for? a. $7,835.92 b. $4,448.46 c. $8,060.92 d. $3,879.76

Please solve Q#22