Question: Here is an excerpt from a bond table in the Globe and Mail, dated June 1, 2020: Maturity Date Bid Price Ask Price Coupon Rate
Here is an excerpt from a bond table in the Globe and Mail, dated June 1, 2020: Maturity Date Bid Price Ask Price Coupon Rate 9 Bid Yield 3.54 Ask yield 3.53 2025-06-01 163.14 163.24 In reference to the Government of Canada bond maturing on June 1, 2025 (above), answer the following question: If the interest payment was paid semi-annually, what is the amount of the payment and on what dates would the payments be made each year
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