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Henry is planning to purchase a Treasury bond with a coupon rate of 2 . 8 % and face value of $ 1 0 0

Henry is planning to purchase a Treasury bond with a coupon rate of 2.8% 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 3.14% p.a. compounded half-yearly.
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