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8. Consider T-notes that mature on 5/31/2025 and pay coupon semiannually. The coupon rate is 3.5%. What are the cash flows of $10 million face
8. Consider T-notes that mature on 5/31/2025 and pay coupon semiannually. The coupon rate is 3.5%. What are the cash flows of $10 million face amount of the T-notes on 5/31/2024, 5/31/2025, and 3/31/2025, respectively?
9. Consider the following T-bond: $10,000 face amount of the 5 3/4 as of May 31, 2025. The bond is currently quoted as 99-24. What was the price and the coupon payment of the bond?
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