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Henry is planning to purchase a Treasury bond with a coupon rate of 2.9% and face value of $100. The maturity date of the bond
Henry is planning to purchase a Treasury bond with a coupon rate of 2.9% and face value of $100. The maturity date of the bond is 15 March 2033. (a) If Henry purchased this bond on 2 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.38% p.a. compounded half-yearly. O a. 96.47 O b. 96.3187 O c. 96.3170 O d. 94.8704 Henry is planning to purchase a Treasury bond with a coupon rate of 2.9% and face value of $100. The maturity date of the bond is 15 March 2033. (b) If Henry purchased this bond on 2 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.38% p.a. compounded half-yearly. Henry needs to pay 29.6% on coupon payment as tax payment and tax are paid immediately. O a. 85.9110 O b. 86.9305 O c. 86.9290 O d. 87.3628 Herry is planning to purchase a Treasury bond with a coupon rate of 2.9% and face value of $100. The maturity date of the bond is 15 March 2033. (C) If Henry purchased this bond on 2 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.38% p.a. compounded half-yearly. Henry needs to pay 29.6% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately. O a. 83.8405 O b. 82.5798 O c. 96.2703 O d. 67.8084
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