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ee sit Sites 447 A two-year index-linked bond is issued on 1 July 2019. On the same day a tax-exempt investor purchases R15,000 nominal of

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ee sit Sites 447 A two-year index-linked bond is issued on 1 July 2019. On the same day a tax-exempt investor purchases R15,000 nominal of the security. The bond pays coupons half-yearly in arrears at a rate of 5% per annum and is redeemable at a redemption rate of 102.3%. Date 01/01/2019 01/07/2019 01/01/2020 01/07/2020 01/01/2021 01/07/2021 Index 175 177 181 184 188 193 Use the index table above and calculate the real value of the income payments received by the investor. Complete the table below. (Round amounts to 2 decimal values.) Income Payment Index values Real Value Coupon31 Dec 119 Coupon x 9 where b a = R b= Coupon 30 Jun 120 c Coupon x d where C= R d= Couponzi Dec 20 Coupon x where e = I R f%3D Coupon 30 Jun 21 Coupon x 2 h where 9 = R h = 21C Mostly sunny 10:59 2021/08/27 Index 175 177 181 184 188 193 Use the index table above and calculate the real value of the income payments received by the investor. Complete the values.) Income Payment Index values Real Value Coupon31 Dec 119 Coupon x; where a = R b= Coupon 30 Jun 120 Coupon x where CE R d = Coupon 31 Dec 120 Coupon x 19 where e = R f f= Coupon 30 Jun 121 Coupon x x where g= R h = Redemption 30 Jun 21 Redemption x where k= R L =

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