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PLS PROVIDE WITH FULLY EXPLANATION. THNKS:)))) Henry is planning to purchase a Treasury bond with a coupon rate of 3.92% and face value of $100.

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PLS PROVIDE WITH FULLY EXPLANATION. THNKS:))))

image text in transcribed
Henry is planning to purchase a Treasury bond with a coupon rate of 3.92% and face value of $100. The maturity date of the bond is 15 May 2033. (b) If Henry purchased this bond on 6 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.83% p.a. compounded half-yearly. Henry needs to pay 24.1% on coupon payment as tax payment and tax are paid immediately. Select one: O a. 90.2307 O b. 91.9586 O c. 91.7169 O d. 91.7183 Henry is planning to purchase a Treasury bond with a coupon rate of 3.92% and face value of $100. The maturity date of the bond is 15 May 2033. (c) If Henry purchased this bond on 6 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.83% p.a. compounded half-yearly. Henry needs to pay 24.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately. Select one: O a. 90.4099 O b. 78.0879 O c. 102.8518 O d. 88.6891

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