1. Today is 1 July 2018. Matt is 30 years old today. Matt has a portfolio which

consists of three Treasury bonds (henceforth referred to as bond A, bond B and bond

C). There are 200 units of bond A, 300 units of bond B and 500 units of bond C.

Bond A is a Treasury bond which matures on 1 January 2027. One unit

of bond A has a coupon rate of j2 = 2.95% p.a. and a face value of $100.

Matt purchased this Treasury bond on 15 March 2018. The purchase

Calculate

The purchase price of one unit of bond A