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Mackenzie purchased a Treasury bond with a coupon rate of 3.19% and the face value of the coupon was $100. The bond matures on the

Mackenzie purchased a Treasury bond with a coupon rate of 3.19% and the face value of the coupon was $100. The bond matures on the date 17 April 2031. Ziggy actually purchases Mackenzie's bond on 13 February 2020. What was the purchase price for Ziggy? The yield was 2.58% p.a. compounded half-yearly.

a- 105.3411

b- 106.9291

c- 106.9264

d- 106.6948

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