1. A 5% U.S. corporate bond is priced for settlement on July 20, 2015. The bond makes semiannual coupon payments on April 21 and October 21 of each year and matures on October 21, 2021. The bond uses the 30/360 day-count convention for accrued interest

   a. How many days are there between the last coupon on April 21, 2015 and the settlement date on July 20, 2015?

b. What is the fraction you use for the coupon period that has gone by?

c. As of the last coupon date, how many years (and periods) are remaining until maturity?

d. Calculate the full price, the accrued interest, and the flat price per USD100 of par value for an annual yield-to-maturity of 4.7%