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Question 4 Answer saved Marked out of 2.00 Herry is planning to purchase a Treasury bond with a coupon rate of 2.14% and face value
Question 4 Answer saved Marked out of 2.00 Herry 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. (d) 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 and capital gain as tax payment. Assume that all tax payments are delayed by half year. P Flag question a. 64.9281 b. 78.3192 c. 89.4756 O d. 79.2661
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