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Bond Pricing between coupon payments You are considering buying a semi-annual bond that has 21 coupon payments remaining, with the next coupon payment occurring 7

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Bond Pricing between coupon payments You are considering buying a semi-annual bond that has 21 coupon payments remaining, with the next coupon payment occurring 7 days from the settlement date. The bond's coupon rate is 8.9% and similar bonds are reported to have a yield of maturity of 3.2% There are 182 days between the bond's coupon payments. a) What is the maximum price that you-are willing to pay for the bond? \$ b) If your assumptions are correct then what is the estimated quoted price (remember quotes are a percent of par value)? $

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