1. A ten year 100 par US Treasury bond has 7% semi-annual coupons. The bond has a nominal yield to maturity of 6% convertible semi-annually. The bond was issued on 1/15/2016 and sold on 3/21/2018. (please do not use a spreadsheet)

   (a) Compute the purchase price on the date 3/21/2018 when the bond is sold.

2. (b) Compute the market price on 3/21/2018 and the amount of accrued interest.