Calculate the market price of each bond on 24th September 2020 that issued by North Polar , a European company specialises in manufacturing semiconductors, using the yield curve data provided in the table above. What is the current total value of minimum application? Issuer North Polar Ltd. Issuing date 24th September 2020 Bond expiration date 24th September 2025 Face value € 1000 per bond. Minimum application 50 Bonds (€ 50,000) Interest rate Floating Interest Rate. The Interest Rate is the sum of the Market Rate plus the Margin. Coupon rate (annual) Central Government Bond Yield + 1.86% p.a. Coupon payment Annually (coupon payment is paid on 10th July every year) Market Yield 4.5%

Calculate the market price of each bond on 24 th September 2020 that issued by North Polar , a European company specialises in manufacturing semiconductors, using the yield curve data provided in the...

Calculate the market price of each bond on 24^th
September 2020 that issued by North Polar , a European company specialises in manufacturing semiconductors, using the yield curve data provided in the table above. What is the current total value of minimum application?

Issuer	North Polar Ltd.
Issuing date	24^th September 2020
Bond expiration date	24^th September 2025
Face value	€ 1000 per bond.
Minimum application	50 Bonds (€ 50,000)
Interest rate	Floating Interest Rate. The Interest Rate is the sum of the Market Rate plus the Margin.
Coupon rate (annual)	Central Government Bond Yield + 1.86% p.a.
Coupon payment	Annually (coupon payment is paid on 10^th July every year)
Market Yield	4.5%

Jun 11, 2022