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1. Today is 1 July 2019. Bond A is a Treasury bond which matures on 1 July 2030. One unit of bond A has a
1. Today is 1 July 2019. Bond A is a Treasury bond which matures on 1 July 2030. One unit of bond A has a coupon rate of j2 = 3.95% p.a. and a face value of $100. John purchased this Treasury bond on 15 February 2017. The purchase yield rate was j2 = 3.85% p.a. Calculate The purchase price of one unit of bond A Round your answer to three decimal places. The price of both bond A should be calculated by using the RBA method. You should refer to week 3's materials for this RBA method. 1. Today is 1 July 2019. Bond A is a Treasury bond which matures on 1 July 2030. One unit of bond A has a coupon rate of j2 = 3.95% p.a. and a face value of $100. John purchased this Treasury bond on 15 February 2017. The purchase yield rate was j2 = 3.85% p.a. Calculate The purchase price of one unit of bond A Round your answer to three decimal places. The price of both bond A should be calculated by using the RBA method. You should refer to week 3's materials for this RBA method
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