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Henry is planning to purchase a Treasury bond with a coupon rate of 2 . 9 2 % and face value of $ 1 0

Henry is planning to purchase a Treasury bond with a coupon rate of 2.92% and face value of $100. The maturity date of the bond is 15 March 2033.
(b) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.15% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment as tax payment and tax are paid immediately.
a.
89.3191
b.
89.3176
c.
89.6842
d.
88.2936
Herry is planning to purchase a Treasury bond with a coupon rate of 2.92% and face value of $100. The maturity date of the bond is 15 March 2033.
(c) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.15% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.
a.
85.4096
b.
98.9012
c.
69.5527
d.
86.6877
Herry is planning to purchase a Treasury bond with a coupon rate of 2.92% and face value of $100. The maturity date of the bond is 15 March 2033.
(d) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.15% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year
a.
85.6419
b.
86.9235
c.
98.9020
d.
70.0084

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