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First Issue date: 28/07/2020 Maturity date: 21/06/2051 Coupon rate 1.75% Compounding period: 2 (semi-annually) Face value (par): 1000 Number of bonds sold: 62 If the
First Issue date: 28/07/2020 Maturity date: 21/06/2051 Coupon rate 1.75% Compounding period: 2 (semi-annually) Face value (par): 1000 Number of bonds sold: 62
If the yield when the bonds were first issued was 5%, what was the total amount the Australian government was able to raise through issuing this bond? (Assume that the bonds were first sold on the 21st of June 2020) Do the same calculation but for when the yield is 2% and 10% respectively. Make a column graph of your results
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