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(a) What is the invoice price of the T-bond? answer : 100.015 (b) What is the yield on the T-bond? answer : 7.9258% On November

image text in transcribed(a) What is the invoice price of the T-bond? answer : 100.015

(b) What is the yield on the T-bond? answer : 7.9258%

On November 18,2022 , a 787% T-bond maturing on May 15,2025 , was quoted at 993229 for settlement on November 20,2022 . The last coupon was paid on November 15,2022. On November 18,2022 , a 787% T-bond maturing on May 15,2025 , was quoted at 993229 for settlement on November 20,2022 . The last coupon was paid on November 15,2022

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