Jay purchased a Treasury bond with a coupon rate of $4\mathrm{.}89\%$ and face value of $$100.$ The maturity date of the bond is $15$ March $2029.$

$($ part a$)$ Yuri plans to purchase Jay's Treasury bond on $11$ September $2021.$ What price will Yuri pay $($round to four decimal places$)?$ Assume a yield of $4\mathrm{.}01\%$ p$.$a$.$ compounded half$-$yearly. Round your answer to four decimal places.

Question $5$Answer

a$.$

$105\mathrm{.}6060$

b$.$

$105\mathrm{.}6036$

c$.$

$105\mathrm{.}9238$

d$.$

$108\mathrm{.}0499$

$($part b$)$ In fact, Yuri changes his plan and Jay plans to sell this bond on $6$ January $2022.$ What was Jay's sale price $($rounded to four decimal places$)?$ Assume a yield of $4\mathrm{.}01\%$ p$.$a$.$ compounded half$-$yearly.

Question $6$Answer

a$.$

$106\mathrm{.}9691$

b$.$

$107\mathrm{.}2934$

c$.$

$104\mathrm{.}5423$

d$.$

$104\mathrm{.}8665$