Jay purchased a Treasury bond with a coupon rate of 2.71% and face value of $100. The maturity date of the bond is 15 March 2029. (a) Yuri plans to purchase Jay's Treasury bond on 9 September 2021. What price will Yuri pay (round to four decimal places)? Assume a yield of 2.14% p.a. compounded half-yearly. Round your answer to four decimal places. a. 103.8942 b. 104.1326 c. 105.2487 d. 103.8923
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- Jay purchased a Treasury bond with a coupon rate of 3.72% and face value of $100. The maturity date of the bond is 15 March 2029. (b) In fact, Yuri changes his plan and Jay plans to sell this bond on 5 January 2022. What was Jay's sale price (rounded to four decimal places)? Assume a yield of 4.43% p. a. compounded half-yearly. Question 6Answer a. 94.9701 b. 94.7167 c. 96.8146 d. 96.5612Loïc is planning to purchase a Treasury bond paying a (j2) coupon rate of 4.94% p.a. The face value of the bond is $100. Its maturity date is 15 March 2033; the bond matures at par. If Loïc purchased this bond on 8 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 9.32% p.a., compounded half-yearly. Loïc needs to pay 11.1% of coupon payments and capital gains in tax. Assume that all tax payments are delayed by a half-year.Loïc is planning to purchase a Treasury bond paying a (j2) coupon rate of 2.57% p.a. The face value of the bond is $100. Its maturity date is 15 March 2033; the bond matures at par. If Loïc purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 12.41% p.a., compounded half-yearly. Loïc needs to pay 32.3% of coupon payments and capital gains in tax. Assume that all tax payments are delayed by a half- year. O a. $28.5602 O b. $38.3864 O c. $27.6087 O d. $26.7505
- Don't use chatgpt........ Jay purchased a Treasury bond with a coupon rate of 2.08% and face value of $100. The maturity date of the bond is 15 March 2029. (a) Yuri plans to purchase Jay's Treasury bond on 10 September 2021. What price will Yuri pay (round to four decimal places)? Assume a yield of 3.07% p.a. compounded half-yearly. Round your answer to four decimal places. Question 5 Answer a. 94.4136 b. 92.9842 c. 93.3740 d. 93.3720Loïc is planning to purchase a Treasury bond paying a (₂) coupon rate of 5.93% p.a. The face value of the bond is $100. Its maturity date is 15 March 2033; the bond matures at par. If Loïc purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 8.5% p.a., compounded half-yearly. Loïc needs to pay 28.3% of coupon payments and capital gains in tax. Assume that all tax payments are delayed by a half-year. O a. $64.0343 O b. $82.7153 O c. $66.4072 O d. $60.3125Herry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (d) If Henry purchased this bond on 6 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.1% p.a. compounded half-yearly. Henry needs to pay 27.6% on coupon payment and capital gain as tax payment. Assume that all tax payments are delayed by half year. O a. 85.6867 Ob. 70.0863 Oc. 84.5168 O d. 96.2170
- Qing bought an Australian Treasury bond with a coupon rate of j2 = 2.57% p.a. and a face value of $100. The maturity date of the bond is 15 May 2033. If Qing purchased this bond on 6 May 2018, what was his purchase price (rounded to four decimal places)? Assume a purchase yield of j2 = 2.92% p.a. a. $96.9884 b. $96.9895 c. $97.1016 d. $95.7043Siggi is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 2.22% p.a. and face value of $100. The maturity date of the bond is 15 May 2033. If Siggi purchased this bond on 4 May 2018, what is her purchase price (rounded to four decimal places)? Assume a yield rate of 1.84% p.a. compounded half-yearly. Siggi needs to pay 28.3% of coupon payments and capital gains in tax payments. Assume that all tax payments are paid immediately. Question 11Answer a. $105.9890 b. $95.8030 c. $76.0108 d. $96.8161It is 2018 and Ritchie is thinking about buying an Australian Treasury bond with a coupon rate of j2 = 2.05% p.a. and a face value of $100. The maturity date of the bond is 15 May 2033. If Ritchie purchased this bond on 7 May 2018, what was his purchase price (rounded to four decimal places)? Assume a purchase yield of j2 = 2.31% p.a. Question 9Answer a. $96.6707 b. $97.6960 c. $97.6952 d. $97.79
- Do all 3 parts Its 1 July 2020. Greg is planning to purchase a corporate bond with a coupon rate of j2 = 1.68% p.a. and face value of 1000. This corporate bond matures at par. The maturity date is 1 July 2022. The yield rate is assumed to be j2 = 6.15% p.a. Assume that this corporate bond has a 3.69% chance of default in the first six-month period (i.e., from 1 July 2020 to 31 December 2020) and this corporate bond has a 3.01% chance of default in any six-month period during the term of the bond except the first six-month (i.e., 3.01% chance of default in any six-month from 1 January 2021 to 1 July 2022). Assume also that, if default occurs, Greg will receive no further payments at all. Australian bonds (a) What is the expected coupon payment on 1 January 2021? a. 7.8487 b. 8.1472 c. 8.0900 d. 7.8465 (b) What is the expected coupon payment on 1 January 2022? a. 6.9494 b. 7.8465 c. 7.6103 d. 7.5570 (c) Calculate the purchase price of this corporate bond. Round your answer to…A bank has issued a bond on April 1st 2020 which pays coupons at a rate of 3% of the nominal value twice a year in arrears. Coupon payments are due on 1st April and Ist October and the bond is redeemable at 110% of nominal on Ist September 2030. (a) An investor purchases the bond on 1st March 2021. Show that the price of the bond is approximately £76 per £100 nominal assuming a gross redemption yield of 7%. (b) The investor pays income tax at 40%. In addition, assume that the inflation rate is constant at 1.5%. Calculate the investor's net real rate of return assuming she holds the bond until maturity. State any approximations made.mark is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 1.04% and face value of $100. The maturity date of the bond is 15 May 2033. Markbond matures at par. If Markpurchased this bond on 2 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.26% p.a. compounded half-yearly, allowing for taxation. Mark needs to pay tax at rate 21.7% on coupon payments. Assume the tax on coupon is paid immediately on the coupon payment date. а. $71.4907 b. $71.4921 С. $72.2427 d. $71.0840