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Question 2 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 2 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. (b) 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. Henry needs to pay 27.9% on coupon payment as tax payment and tax are paid immediately. Remove flag a. 82.1409 O b. 82.9104 c. 83.4675 d. 82.9117
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