Question: Exactly 6 years ago, you paid 10,000 to buy a Maple Leave Hydro bond with a face value of $10,000 that matures in 20

Exactly 6 years ago, you paid 10,000 to buy a Maple Leave

Exactly 6 years ago, you paid 10,000 to buy a Maple Leave Hydro bond with a face value of $10,000 that matures in 20 years and has a coupon rate of 4.8% payable semi-annually. You would like to sell your bond today. What is the expected value of the bond if the interest rate of a similar bonds is 6% compounded semi-annually? a) $8,874.15 $9,009.26 O) $4,503.39 d) $13,377.54 e) $8,613.11

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