Question: Question No 4 A treasury bond with a face value of Rs.100 million was available for sale on 16 August 2017. coupon peyment wouid be

Question No 4 A treasury bond with a face value of Rs.100 million was available for sale on 16 August 2017. coupon peyment wouid be on 15 January 2018.If the bond wouid mature on 15 ly 2020, and the pa paid hailf yearly. Last coupon was paid on 15h July 2017, and the nent YTM is 12%, 8 marks) 8 marks) 4 marks) (a) Calculate the Dirty Price of the Bond. aj what is the accrued interest. c) Determine the Clean Price of the Bond You should follow the Actual/Actual basis to calculate the interest. Total 20 Marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
