Use of Financial Calculator TI BA II Plus required. Allan purchased a five-year strip bond from the Government of Canada with a $100 000 face value. The equivalent yield is 5.91 percent. What interest will the bond earn over the five-year term?

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The Answer of Use of Financial Calculator TI BA II Plus required. Allan purchased a five-year strip bond from the Government of Canada with a $100 000 face value. The equivalent yield is 5.91 percent. What interest will the bond earn over the five-year term?

Use of Financial Calculator TI BA II Plus Required