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34) For the bond below, during your holding period, you achieved a reinvestment rate of 8% on a bond equivalent yield basis. Calculate the value
34) For the bond below, during your holding period, you achieved a reinvestment rate of 8% on a bond equivalent yield basis. Calculate the value at the sale date of all reinvested coupons.
Holding period yield (HPY) Last coupon date pre-purchase 7/15/2016 First coupon date post-purchase 1/15/2017 Purchase price (clean) 90.000 Purchase (settlement) date 10/1/2016 Sale price (clean) 92.000 Sale date 2/10/2022 Coupon rate 5.00% Coupon Semi-annual Convention 30/360
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