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Consider a government bond of nominal 100 paying interest quarterly at 2.8% p.a. and redeemable at par in 8 years. No taxes apply. What is
Consider a government bond of nominal 100 paying interest quarterly at 2.8% p.a. and redeemable at par in 8 years. No taxes apply. What is the price A to be paid if cashflows are discounted at the rate 2.4? Remark: You need to give the answer with two decimal places accuracy in %. For example, if you computed 2.4572% then 2.46, 2.457 and 2.4572 are all valid answers. But 2.45 is not because they result wasn't rounded correctly. Also, do not enter the percent sign %
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