Wendy Just purchased a 5-year Treasury bond with a coupon rate of J2 = 4.15% p.a. and a face value of $100 that matures at par a. [2 marks] Calculate Wendy's purchase price for this bond. Assume that the yield rate is j,-4.43% p.a. Round the result to three decimal places b. [5 marks] Wendy decides to hold this bond to maturity. She predicts that the reinvestinent rate for first three years is J2-, 4.1% p.a. and the reinvestment rate for last two years is 4.4% p.a. Based on your result from part a, calculate Wendy's total realised compound yield rate. Give your answer in j2 form, rounded to two decimal places c. [3 marks] Assume that this bond is subject to a 30% tax on interest and capital gain. Recalculate the price Wendy paid if the net yield rate is J2-4.3% p.a. and all tax payments (interest tax payments and capital gain tax payment) are paid immediately when taxable cash flows occur. Round your result to three decimal places. d. [4 marks] Assume that this bond is subject to a 30% tax on interest and capital gain. Recalculate the price Wendy paid if the net yield rate is J2 4.3% pa. and all tax payments (interest tax payments and capital gain tax payment) are delayed by a half year from when taxable cash flows occur. Round the result to three decimal places. e. [1 mark] In words, give the financial intuition to justify the difference between your results in part c and partd