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2. Bond Features, Ratings, Types and Markets Suppose the last coupon was paid 50 days ago and there are 182 days in the current coupon

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2. Bond Features, Ratings, Types and Markets Suppose the last coupon was paid 50 days ago and there are 182 days in the current coupon period. The semiannual coupon payment is $40. What is the accrued interest? If the clean price is $953, what is the dirty price? 3. Interest Rates and Bond Yields a) Last year, Alex earned 14.59% on his investments. The inflation rate was 4.3% for the year. What was his real rate of return for the year? b) George is considering investing $10,000 for one year. He would like to earn a real return of 9% on his investment. He expects inflation to average 3.25% over the coming year. What nominal rate of return does he need to earn

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