please note: a year is considered 365 not 360 days

on 6 saved d out of Today is 1 July 2021. Joan has a portfolio which consists of two different types of financial instruments (henceforth referred to as instrument A and instrument B). Joan purchased all instruments on 1 July 2015 to create this portfolio and this portfolio is composed of 201 units of instrument A and 429 units of instrument B. . Instrument A is a zero-coupon bond with a face value of 100. This bond matures at par. The maturity date is 1 January 2030 Instrument B is a Treasury bond with a coupon rate of 13 = 2.96% pa and face value of 100. This bond matures at par. The maturity date is 1 January 2024 39 stion (6) Calculate the current price of instrument B per $100 face value (today's value). Round your answer to four decimal places. Assume the yield rate's ) - 3.71%a and Joan has just received the coupon payment Ca. 98.2250 b. 94.5750 c. 99.7050 d. 97.8891