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. Here is the marking guide. One mark for the correct number of days between 1/1/2017 and 1/7/2017. One mark for the correct number of days between 15/2/2017 and 1/7/2017. Two marks for using correct method to find the price on 1/7/2017. Only give one, if the method is partially correct (e.g., using incorrect number of payments or using incorrect coupon value) . One mark for including the first coupon payment Two marks for the correct final answer (only give one, if the answer has not been rounded to three decimal places. Here is the answer from one student. How many marks should we give for this answer? 1 - P= vf/d [c(1+ + 1000"] 1+ n=25 i= 0.01925 c= 100 x 0.0395/2 = 1.975 f = 136 (15/2/2017--1/7/17) d=183 (1/1/2017-1/7/17) P = 101.503 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. Here is the marking guide. One mark for the correct number of days between 1/1/2017 and 1/7/2017. One mark for the correct number of days between 15/2/2017 and 1/7/2017. Two marks for using correct method to find the price on 1/7/2017. Only give one, if the method is partially correct (e.g., using incorrect number of payments or using incorrect coupon value) . One mark for including the first coupon payment Two marks for the correct final answer (only give one, if the answer has not been rounded to three decimal places. Here is the answer from one student. How many marks should we give for this answer? 1 - P= vf/d [c(1+ + 1000"] 1+ n=25 i= 0.01925 c= 100 x 0.0395/2 = 1.975 f = 136 (15/2/2017--1/7/17) d=183 (1/1/2017-1/7/17) P = 101.503