Question: Question 8 On January 1 5 , 2 0 1 2 , Westcoast Terminals lnc , iSued 2 0 - year boods having a 7

Question 8
On January 15,2012, Westcoast Terminals lnc, iSued 20-year boods having a 7.6 cOpon rate.
a) At what price did the $1000 face value trade on April 10,2022, if the required retorn was 6.2% compounded semi-annually?
b) How mach of that price was interest that had accrued (in fivour of the previous ownen) since the preceding interest paynient dete?
c) What price did the financial media and securities brokers quote for these boods on Apeil 10,2022 provide formulas and calculator instructions
Question 8 On January 1 5 , 2 0 1 2 , Westcoast

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