Question: Mrs. Janzen wishes to purchase some 13-year-maturity strip bonds with the $12,830 in cash she now has in her RRSP. If these strip bonds are

Mrs. Janzen wishes to purchase some 13-year-maturity strip bonds with the $12,830 in cash she now has in her RRSP. If these strip bonds are currently priced to yield 5.25% compounded semiannually, how many $1000 denomination bonds can she purchase?

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