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Henry is planning to purchase a Treasury bond with a coupon rate of 2 . 6 % and face value of $ 1 0 0

Henry is planning to purchase a Treasury bond with a coupon rate of 2.6% and face value of $100. The maturity date of the bond is 15 March 2033.
(a) If Henry purchased this bond on 7 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.25% p.a. compounded half-yearly
a.93.0867
b.94.5994
c.94.3858
d.94.3844
(b) If Henry purchased this bond on 7 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.25% p.a. compounded half-yearly. Henry needs to pay 25.5% on coupon payment as tax payment and tax are paid immediately.
a.86.1075
b.87.0739
c.87.5067
d.87.0753
(c) If Henry purchased this bond on 7 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.25% p.a. compounded half-yearly. Henry needs to pay 25.5% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.
a.83.3107
b.70.3174
c.84.4733
d.94.3629
(d) If Henry purchased this bond on 7 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.25% p.a. compounded half-yearly. Henry needs to pay 25.5% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year.
a.84.6631
b.70.7023
c.94.3634
d.83.4979

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