1. Look for Treasury bonds due in February 2043.

a. How much do I have to pay to buy any of these bonds?

b. What's the par value interest rate?

c. What is the current rate of return on these bonds (i.e., the percentage of par interest on bond prices)?

2.3 Coupon Bid Asked Change Asked yield to maturity A: The Wall Street Journal Online April 18, 2017 Maturity April 15, 2019 May 31, 2020 May 31, 2022 February 15, 2031 February 15, 2043 February 15, 2047 0.875 1.500 1.875 5.375 3.125 3.000 99.3828 100.3047 100.6797 136.5313 105.4531 103. 1797 99.3984 100.3203 100.6953 136.5938 105.4844 103.2109 0.0547 0.1719 0.3750 1.1797 1.5313 1.5313 1.182 1.394 1.732 2.275 2.824 2.840