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Herry is planning to purchase a Treasury bond with a coupon rate of 2 . 2 3 % and face value of $ 1 0

Herry is planning to purchase a Treasury bond with a coupon rate of 2.23% and face value of $100. The maturity date of the bond is 15 March 2033.(c) If Henry purchased this bond on 2 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 28.9% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately. a.78.6673 b.89.7306 c.77.6914 d.63.8287

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