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Herry is planning to purchase a Treasury bond with a coupon rate of 2.4% 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 2.4% and face value of $100. The maturity date of the bond is 15 March 2033. (d) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.45% 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. 90.1618 b. 79.4360 C. 67.5816 d. 80.5061 Herry is planning to purchase a Treasury bond with a coupon rate of 2.4% and face value of $100. The maturity date of the bond is 15 March 2033. (d) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.45% 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. 90.1618 b. 79.4360 C. 67.5816 d. 80.5061

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