Consider the Province of Ontario strip bond in Table 9.1.
a) Present calculations to verify, to the nearest dollar, the bond's price on July 4, 2013, based on the quoted yield of 4.01% compounded semiannually. b) What would the price be on July 4, 2020 if the bond's yield remains the same?

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The Answer of Consider the Province of Ontario strip bond in Table 9.1.
a) Present calculations to verify, to the nearest dollar, the bond's price on July 4, 2013, based on the quoted yield of 4.01% compounded semiannually. b) What would the price be on July 4, 2020 if the bond's yield remains the same?

Consider the Province of Ontario Strip Bond in Table 9