The Alberta Capital Finance Authority issued a 20-year $100,000 bond on December 15, 2005, with a coupon rate of 4.45%.
Posted: Mon Jul 11, 2022 12:50 pm
The Alberta Capital Finance Authority issued a 20-year $100,000bond on December 15, 2005, with a coupon rate of 4.45%. IfMirabellepurchased the bond on June 15, 2007, at a market rate of 4.56% andsubsequently sold the bond on March 31, 2009, at a market rateof3.74%, determine the amount by which the market price increased ordecreased for Mirabelle