Jason purchased a Treasury bond with a coupon rate of 2.96% and a face value of $100. The maturity date of the bond is 15 April 2029.

(b) In fact, Yang purchased Jason's bond on 7 February 2018. What was Yang's purchase price (rounded to four decimal places)? Assume a yield of 4.97% p.a. compounded half-yearly

Jason purchased a Treasury bond with a coupon rate of 2.96% and face value of $100. The maturity date of the bond is 15 April 2029. (b) In fact, Yang purchased Jason's bond on 7 February 2018. What was Yang's purchase price (rounded to four decimal places)? Assume a yield of 4.97% p.a. compounded half-yearly. O a. 83.8396 O b. 84.4157 C. 83.8437 O d. 82.3771