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Consider a $5,000 Face Value Government of Quebec Strip Bond

Question 198

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Consider a $5,000 face value Government of Quebec strip bond from the issue in Table 8.3 that matures on December 1, 2020. If the yield does not change as years go by, what will be the bond's value on:
a) December 1, 2010?
b) December 1, 2012?
c) December 1, 2014?

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a) $3,188....

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