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Today is 1 July, 2019. Hlne has a portfolio which a consists of two different types of financial instruments (henceforth referred to as instrument A

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Today is 1 July, 2019. Hlne has a portfolio which a consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B). Hlne purchased all instruments on 1 July 2013 to create this portfolio, which is composed of 34 units of instrument A and 39 units of instrument B. Instrument A is a zero-coupon bond with a face a value of $100. This bond matures at par. Its maturity date is 1 January 2029. Instrument B is a Treasury bond with a coupon rate of j2 = 4.87% p.a. and a face value of $100. This bond matures at par. Its maturity date is 1 January 2022. Calculate the current price of instrument B per $100 face value. Round your answer to four decimal places. Assume the yield rate is j2 = 2.2% p.a. and Hlne has just received her coupon payment. O a. $108.8953 Ob. $122.7773 c. $107.7104 O d. $106.4603

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