Today is 1 July 2021 . Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B ). Joan purchased all instruments on 1 July 2014 to create this portfolio and this portfolio is composed of 244 units of instrument A and 318 units of instrument B. - Instrument A is a zero-coupon bond with a face value of 100 . This bond matures at par. The maturity date is 1 January 2030. - Instrument B is a Treasury bond with a coupon rate of j2=2.97% p.a. and face value of 100 . This bond matures at par. The maturity date is 1 January 2024. (a) Calculate the current price of instrument A per $100 face value (today's value). Round your answer to four decimal places. Assume the yield rate is j2=3.97% p.a. a. 51.5897 b. 71.5950 c. 54.3719 d. 53.3136 Today is 1 July 2021 . Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B). Joan purchased all instruments on 1 July 2014 to create this portfolio and this portfolio is composed of 244 units of instrument A and 318 units of instrument B. - Instrument A is a zero-coupon bond with a face value of 100 . This bond matures at par. The maturity date is 1 January 2030. - Instrument B is a Treasury bond with a coupon rate of j2=2.97% p.a. and face value of 100 . This bond matures at par. The maturity date is 1 January 2024. (b) Calculate the current price of instrument B per $100 face value (today's value). Round your answer to four decimal places. Assume the yield rate is j2=3.97% p.a. and Joan has just received the coupon payment. a. 92.1499 b. 99.1272 c. 97.1979 d. 97.6422 Today is 1 July 2021 . Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B ). Joan purchased all instruments on 1 July 2014 to create this portfolio and this portfolio is composed of 244 units of instrument A and 318 units of instrument B. - Instrument A is a zero-coupon bond with a face value of 100 . This bond matures at par. The maturity date is 1 January 2030. - Instrument B is a Treasury bond with a coupon rate of j2=2.97% p.a. and face value of 100 . This bond matures at par. The maturity date is 1 January 2024. (a) Calculate the current price of instrument A per $100 face value (today's value). Round your answer to four decimal places. Assume the yield rate is j2=3.97% p.a. a. 51.5897 b. 71.5950 c. 54.3719 d. 53.3136 Today is 1 July 2021 . Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B). Joan purchased all instruments on 1 July 2014 to create this portfolio and this portfolio is composed of 244 units of instrument A and 318 units of instrument B. - Instrument A is a zero-coupon bond with a face value of 100 . This bond matures at par. The maturity date is 1 January 2030. - Instrument B is a Treasury bond with a coupon rate of j2=2.97% p.a. and face value of 100 . This bond matures at par. The maturity date is 1 January 2024. (b) Calculate the current price of instrument B per $100 face value (today's value). Round your answer to four decimal places. Assume the yield rate is j2=3.97% p.a. and Joan has just received the coupon payment. a. 92.1499 b. 99.1272 c. 97.1979 d. 97.6422