Using the bond yield given in the final column of Table 15.2, verify the September 22, 2009,

Question:

Using the bond yield given in the final column of Table 15.2, verify the September 22, 2009, quoted price for the Province of New Brunswick 4.4% bond, maturing June 3, 2019.
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...