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f11. The xed coupon that results in a price of par is called the pa? coupon. Calculate the 5year par coupon on August 15, 2021
\f11. The xed coupon that results in a price of par is called the pa?" coupon. Calculate the 5year par coupon on August 15, 2021 given your results in question 2. 2. Use the August 15, 2021 U.S. Treasury quotes shown below to calculate the discount factor and spot rate for each maturity given in the table. Maturity Coupon Pricet Discount Factor Spot Rate 2/15/22 2.00 100.96875 8/15/22 1.50 101.40625 2/15/23 2.00 102.75 8/15/23 2.50 104.53125 2/15/24 2.75 106.09375 8/15/24 0.38 99.875 2/15/25 2.00 105.125 8/15/25 2.00 105.5 2/15/26 1.63 104.125 8/15/26 1.50 103.625 Coupon and spot rate in %/ year, price as percent of par
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