Jay purchased a Treasury bond with a coupon rate of $2\mathrm{.}08\%$ and face value of $$100.$ The maturity date of the bond is $15$ March $2029.$

$($a$)$ Yuri plans to purchase Jay's Treasury bond on $10$ September $2021.$ What price will Yuri pay $($round to four decimal places$)?$ Assume a yield of $3\mathrm{.}07\%$ p$.$a$.$ compounded half$-$yearly. Round your answer to four decimal places.

Question $5$ Answer

a$.$

$94\mathrm{.}4136$

b$.$

$92\mathrm{.}9842$

c$.$

$93\mathrm{.}3740$

d$.$

$93\mathrm{.}3720$