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What price should be paid for a $10,000 Government of Ontario strip bond with 17 years remaining to maturity if it is to yield the
What price should be paid for a $10,000 Government of Ontario strip bond with 17 years remaining to maturity if it is to yield the buyer 2.770% compounded semiannually? A trust company pays 5.375% compounded annually on its five-year GICs. What semi-annually compounded interest rate would produce the same maturity value? When discounted to yield 9.5% compounded quarterly, a $4500 four-year promissory note bearing interest at 11.5% compounded semiannually was priced at $5697.84. How long after the issue date did the discounting take place
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