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Question 1 Answer saved Marked out of 2.00 Henry is planning to purchase a Treasury bond with a coupon rate of 2.14% and face value
Question 1 Answer saved Marked out of 2.00 Henry is planning to purchase a Treasury bond with a coupon rate of 2.14% and face value of $100. The maturity date of the bond is 15 March 2033. (a) If Henry purchased this bond on 6 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.23% p.a. compounded half-yearly. P Flag question O a. 89.5025 O b. 89.86 O c. 89.5011 O d. 88.4333
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