How much should mia pay for the bonds assuming that


Mia wants to invest in Government of Canada bonds that have a par value of $20 000 and a coupon rate of 4.5% . the bonds have a 10-year maturity and Mia requires a 6% return, compounded semi-annually. how much should Mia pay for the bonds, assuming that interest is paid semi-annually ?

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Financial Management: How much should mia pay for the bonds assuming that
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