Question: Bonus Problem 2 (Optional, 25 marks) We consider a n-year bond (where n > 10) issued today, where n is positive integer. You are given

 Bonus Problem 2 (Optional, 25 marks) We consider a n-year bond

Bonus Problem 2 (Optional, 25 marks) We consider a n-year bond (where n > 10) issued today, where n is positive integer. You are given that The bond pays coupon semi-annually. The annual effective yield rate is 4.8576% and remains unchanged throughout the life of the bond. The clean price of the bond at the end of 25th month is $3437.6085. The clean price of the bond at the end of 50th month is $3361.802. Find the clean price at the end of 110th month

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