$024/$ Graded Assignment $3$

ment $3$

$$: $26$:$15$:$49$

Given the following bond quotes on June $30,2019,$ calculate the price to purchase a $$15,000$ Alpha corp bond. Use the semi$-$practical method and note that the coupon rates given are annual, while the coupons are paid semi$-$annually. The number of days from April $17$ to October $17,2019$ is $183.$

$\backslash$table$[[$Issuer$,$Coupon,Maturity,Price$],[$Alpha corp,$9,$October $17,2029,105\mathrm{.}15],[$Beta corp,$8\mathrm{.}5,$November $10,2022,97\mathrm{.}3],[$Delta corp,$5\mathrm{.}5,$November $19,2027,96\mathrm{.}35]]$

Answer to the nearest cent.Given the following bond quotes on June $30,2019,$ calculate the price to purchase a $$15,000$ Alpha corp bond. Use the semi$-$practical method and note that the coupon rates given are annual, while the coupons are paid semi$-$annually. The number of days from April $17$ to October $17,2019$ is $183.$

Issuer Coupon Maturity Price

Alpha corp $9$ October $17,2029105\mathrm{.}15$

Beta corp $8\mathrm{.}5$ November $10,202297\mathrm{.}3$

Delta corp $5\mathrm{.}5$ November $19,202796\mathrm{.}35$

Answer to the nearest cent.