Question: Hi, I need help checking if my answer is right. Qn: You have invested in a government bond with the Issue Code NX15100Z. Search the

Hi, I need help checking if my answer is right.

Qn: You have invested in a government bond with the Issue Code "NX15100Z". Search the internet for related sites to obtain the necessary information (coupon rate, tenor, par value, etc) on this bond.

If bonds of similar risk are earning a 4% rate of return, how much is this bond worth today?

Hint: Take note of how many more years there are to maturity in order to find "n".

I searched the web and information abt the bond:

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