Consider the U.S. Treasury bond with the following price quote on Jan. 16, 2009.

Maturity	Coupon	Bid	Asked
Nov. 15 2011	1.50	102:15	102:16

1. Calculate the stated price if your purchase this bond on Jan. 16, 2009.
2. Calculate the invoice price if your purchase this bond on Jan. 16, 2009 (62 days since last coupon payment).