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Intro Treasury spot rates are as follows in today's market: 1 2 3 Maturity (years) Spot rate 2% 2.8% 3.1% - Attempt 1/3 for 10

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Intro Treasury spot rates are as follows in today's market: 1 2 3 Maturity (years) Spot rate 2% 2.8% 3.1% - Attempt 1/3 for 10 pts. Part 1 One year ago, a 3-year Treasury note ($1,000 face value, 4.8% coupon rate and pays annual coupon) was issued. What is the fair value today of this security? 0+ decimals Submit Attempt 1/3 for 10 pts. Part 2 If this bond is priced fairly in the market today, what is YTM? 4+ decimals Submit

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