Question: Henry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the

Henry is planning to purchase a Treasury bond with a coupon rate

Henry is planning to purchase a Treasury bond with a coupon rate of 2.63% and face value of $100. The maturity date of the bond is 15 March 2033. (a) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.33% p.a. compounded half-yearly. a. 93.8822 b. 92.5700 c. 94.11 d. 93.8837

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