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1. Consider a Treasury bond maturing Mar 3, 2033, offering a coupon rate of 6% p.a., with a face value of $100. (a) What is
1. Consider a Treasury bond maturing Mar 3, 2033, offering a coupon rate of 6% p.a., with a face value of $100. (a) What is the accrued interest component as of Feb 3, 2022? (b) If this security is quoted today by the WSJ to have a clean price of $ 101.65, what is the corresponding dirty price? (c) Given the dirty price found in part (b), can you tell without doing any calculations whether the yield to maturity of the bond is greater or smaller than the coupon rate of 6% p.a. (3 pts)
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