Security: 7.50% Coca-Cola maturing 15 December 2005

Type: Eurobond, annual, 30E/360

Settlement Date: 12 August 2004

Amount Dealt: USD 10 million

Yield: 6.75%

a) What is the total accrued interest payable on this trade?

b) What is the bond's dirty price?

c) What is the clean price on this bond, rounded to the nearest 1/8%?

d) Assuming you bought the bond at the price calculated in c), what is the total settlement amount of this transaction?

e) Would you need to pay more or less for this bond if you required a yield of 7%?