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On 4 February 2010 a company issued a bond with a face value of $200,000 that...

On 4 February 2010 a company issued a bond with a face value of $200,000 that matures exactly 20 years later. The coupon rate is 6% p.a. compounded half-yearly. What is the bond's value on 4 August 2018 assuming the market yield is 3% p.a. compounded half-yearly.

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