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Herry is planning to purchase a Treasury bond with a coupon rate of 2.79% and face value of $100. The maturity date of the bond

Herry is planning to purchase a Treasury bond with a coupon rate of 2.79% and face value of $100. The maturity date of the bond is 15 March 2033.

If Henry purchased this bond on 4 March 2020,what is his purchase price (roundedto four decimal places)? Assume a yield rate of 3.3% p.a. compounded half-yearly. Henry needs to pay 28.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year.

a.95.9080

b.83.4773

c.69.4215

d.84.7077

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