lolanda purchased a Treasury bond with a coupon rate of 2.62% and face value of $100. The maturity date of the bond is 15 April 2029. (a) Luciana plans to purchase lolanda's Treasury bond on 10 April 2018. What price will Luciana pay (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 79.9927 O b. 79.9949 Oc. 80.6850 O d. 80.0492
lolanda purchased a Treasury bond with a coupon rate of 2.62% and face value of $100. The maturity date of the bond is 15 April 2029. (a) Luciana plans to purchase lolanda's Treasury bond on 10 April 2018. What price will Luciana pay (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 79.9927 O b. 79.9949 Oc. 80.6850 O d. 80.0492
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:lolanda purchased a Treasury bond with a coupon rate of 2.62% and face value of $100. The maturity date of the
bond is 15 April 2029.
(a) Luciana plans to purchase lolanda's Treasury bond on 10 April 2018. What price will Luciana pay (rounded to
four decimal places)? Assume a yield of 5% p.a. compounded half-yearly.
O a. 79.9927
O b. 79.9949
O. 80.6850
O d. 80.0492
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