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A bond pays a 3.6 percent coupon, paid semiannually. The bond will mature on 9/30/2024, has a face value of $100, and has a clean

  1. A bond pays a 3.6 percent coupon, paid semiannually. The bond will mature on 9/30/2024, has a face value of $100, and has a clean price of $90. For the purposes of this question, a Treasury bond of the same maturity currently is priced at par and yields 2 percent (also semi-annual compounding convention here). Assume a settlement date of 10/12/2021, and assume that the bonds interest accrual follows the 30/360 (US) compounding convention.
    1. What is the bonds yield, quoted at the semiannual compounding convention?
    2. What is the bonds yield, quoted at the annual compounding convention?
    3. What is the bonds simple spread over the benchmark yield? (Please use the semiannual compounding convention)
    4. How many days have gone by in the current interest accrual period?
    5. What is the bonds accrued interest? What is the bonds current dirty price?

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