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Four Treasury securities data from today's Wall Street Journal are provided below: Bond Treasury Security Maturity Annual Coupon Price Par Value A T-bill 6 months

Four Treasury securities data from today's Wall Street Journal are provided below:

Bond

Treasury

Security

Maturity

Annual

Coupon

Price

Par

Value

A

T-bill

6 months

0%

$984.0240

$1,000

B

T-bill

1 year

0%

$966.1280

$1,000

C

T-note

18 months

3.875%

$999.0625

$1,000

D

T-note

2 years

4.625%

$1,009.0625

$1,000

Please note that actual coupons are paid semi-annually, i.e., one half of the annual coupon.

Given the zero prices obtained in (1) above, what should be the price of a 2-year T-note with 7.5% annual coupon (also paid semi-annually) with $1,000 par value per share?

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