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Herry is planning to purchase a Treasury bond with a coupon rate of 2.58% and face value of $100. The maturity date of the bond

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Herry is planning to purchase a Treasury bond with a coupon rate of 2.58% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.15% p.a. compounded half-yearly. Henry needs to pay 25.2% on coupon payment an capital gain as tax payment. Assume that all tax payments are paid immediately. a. 84.3879 O b. 71.1966 O c. 85.5405 O d. 95.1607 Herry is planning to purchase a Treasury bond with a coupon rate of 2.58% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.15% p.a. compounded half-yearly. Henry needs to pay 25.2% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year. @

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