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lolanda purchased a Treasury bond with a coupon rate of 2.35% and face value of $100. The maturity date of the bond is 15 April
lolanda purchased a Treasury bond with a coupon rate of 2.35% and face value of $100. The maturity date of the bond is 15 April 2029 . (a) Luciana plans to purchase lolanda's Treasury bond on 11 April 2018. What price will Luciana pay (rounded to four decimal places)? Assume a yield of 3.66% p.a. compounded half-yearly. a. 88.1898 b. 88.6287 c. 88.2249 d. 88.1884
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