the paper was bit tough i felt :(
and all the answers i got confused while solving :(
I am sure to get 85 marks
@ Lisa
Dirty Price = Clean Price + Accrued Interest
So, = 99.42+ 100*0.1*262/360
= 99.42+7.278
= 106.698
Start Proceed = NP*DP/100*(1-Initial Expenses)
= 8*1.06698*.98
= 8.365
Repayment at Maturity= Start Proceed* (1+RR(NOD/360)
= 8.365*(1+(.0565*14/360)
=8.365*(1+0.002197)
= 8.365* 1.002197
= 8.384
hey guys....dont discuss paper or any answer....just concentrate on next exam....let it go whether it was easy average or difficult....
All d very best guys....
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