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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.
(a) 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.
a.
98.9370
b.
99.0136
c.
98.9356
d.
97.4783

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