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15. A 5-year Treasury bond with a coupon rate of 5% per year (semi-annual coupons currently has a quoted price of $100 in the Wall
15. A 5-year Treasury bond with a coupon rate of 5% per year (semi-annual coupons currently has a quoted price of $100 in the Wall Street Journal. Assuming the last coupon was 60 days ago and there are 364 days per year, which of the following is closest to what you would you pay to buy this bond? (a) $100.500 (b) $100.750 (c) $101.000 (d) $101.250 (e) $101.500
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