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Question 4 Jason purchased a Treasury bond with a coupon rate of 3.09% and face value of $100. The maturity date of the bond is
Question 4 Jason purchased a Treasury bond with a coupon rate of 3.09% and face value of $100. The maturity date of the bond is 15 April 2029. Not yet saved Marked out of 2.00 (a) If Yang purchased this bond on 12 April 2018, what is the purchase price (rounded to four decimal places)? Assume a yield rate of 2.11% p.a. compounded half-yearly. P Flag question Select one: a. 109.5567 b. 109.5559 c. 109.1675 d. 109.5756
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