1.5 Marks It is now September 13. Jenifer has just purchased a 15-year 5% Canadian...
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1.5 Marks It is now September 13. Jenifer has just purchased a 15-year 5% Canadian corporate bond quoted at 103.524. The last semi-annual coupon payment was made on May 31 in the same year. How much will Jenifer actually pay for this bond? The face value is $1,000. Choose the closest option. O a $1,049.21 O b. $1,049.49 Oc. $1,049.62 O d. $1,014.38 O e. $1,035.24
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