Question: The answer is 1 2 0 4 . 0 4 please solve using the easiest way possible showing equations thank you: ) MetaA Government of
The answer is please solve using the easiest way possible showing equations thank you: MetaA Government of Canada bond has years remaining to maturity, pays semiannual coupons yesterday of $ and has a face value of $ The bond is currently priced to yield What is the fair price for the bond today? Assume that yields are expected to remain constant at the current level over the bond's life Round your answer to two decimal places.
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