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QUESTION 30 Wendy buys a 5-year Treasury Bond with a face value of $100 and a coupon of 6% pa (paid semi-annually on 30/6 and
QUESTION 30 Wendy buys a 5-year Treasury Bond with a face value of $100 and a coupon of 6% pa (paid semi-annually on 30/6 and 31/12) at a yield of 5% pa, when it is initially issued on 1/7. She sells it on the 30/8 at a yield of 6% pa. What is the selling price? O A. $100 OB. $99.03 OC. $100.97 OD. $102.11
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