Herry is planning to purchase a Treasury bond with a coupon rate of 2.15% and face value of $100. The maturity date of the bond is 15 March 2033.

(a) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.3% p.a. compounded half-yearly.

a.88.9100, b.87.8361, c.88.9086, d.89.29

(b) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.3% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment as tax payment and tax are paid immediately.

a. 81.8918, b. 82.4756, c. 81.8904, d.81.1369

(c) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.3% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.

a. 62.5038, b.88.8729, c.76.6001, d. 77.5366

(d) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.3% p.a. compounded half-yearly. Henry needs to pay 29.7% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year.

a.76.8254, b. 88.8738, c. 77.7648, d. 62.9324