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Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond
Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.33% p.a. compounded half-yearly. Henry needs to pay 26.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately. a. 69.3800 b. 93.8506 c. 83.5629 d. 82.3936 Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.33% p.a. compounded half-yearly. Henry needs to pay 26.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year. a. 93.8514 b. 69.7813 C. 82.5936 d. 83.7658 Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.33% p.a. compounded half-yearly. Henry needs to pay 26.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately. a. 69.3800 b. 93.8506 c. 83.5629 d. 82.3936 Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (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 3.33% p.a. compounded half-yearly. Henry needs to pay 26.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year. a. 93.8514 b. 69.7813 C. 82.5936 d. 83.7658
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