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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. (b) In fact, Luciana purchased lolanda's bond on 7 February 2018. What was Luciana's purchase price (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 80.6189 Ob. 81.2997 O c. 79.3248 Od. 80.6229

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. (b) In fact, Luciana purchased lolanda's bond on 7 February 2018. What was Luciana's purchase price (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 80.6189 Ob. 81.2997 O c. 79.3248 Od. 80.6229

Essentials Of Investments
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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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. (b) In fact, Luciana purchased lolanda's bond on 7 February 2018. What was Luciana's purchase price (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 80.6189 O b. 81.2997 Oc. 79.3248 O d. 80.6229
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. (b) In fact, Luciana purchased lolanda's bond on 7 February 2018. What was Luciana's purchase price (rounded to four decimal places)? Assume a yield of 5% p.a. compounded half-yearly. O a. 80.6189 O b. 81.2997 Oc. 79.3248 O d. 80.6229
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