Jay purchased a Treasury bond with a coupon rate of $3\mathrm{.}72\%$ and face value of $$100.$ The maturity date of the bond is $15$ March $2029.$

$($b$)$ In fact, Yuri changes his plan and Jay plans to sell this bond on $5$ January $2022.$ What was Jay's sale price $($rounded to four decimal places$)?$ Assume a yield of $4\mathrm{.}43\%$ p$.$a$.$ compounded half$-$yearly.

Question $6$Answer

a$.$

$94\mathrm{.}9701$

b$.$

$94\mathrm{.}7167$

c$.$

$96\mathrm{.}8146$

d$.$

$96\mathrm{.}5612$