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Tameka purchased a Treasury bond with a coupon rate of 4.01% p.a., payable half-yearly, and face value of $100. The maturity date of the bond
Tameka purchased a Treasury bond with a coupon rate of 4.01% p.a., payable half-yearly, and face value of $100. The maturity date of the bond is 15 April 2029. (b) In fact, Kyah purchased Tameka's bond on 17 February 2018. What was Kyah's purchase price (rounded to four decimal places)? Assume a yield of 2.72% p.a., compounded half-yearly. Question 5Answer a. 111.7193 b. 113.7132 c. 113.2334 d. 113.7159
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