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Jay purchased a Treasury bond with a coupon rate of 3 . 1 9 % and face value of $ 1 0 0 . The
Jay purchased a Treasury bond with a coupon rate of and face value of $ The maturity date of the bond is March
a Yuri plans to purchase Jay's Treasury bond on September
What price will Yuri pay round to four decimal places Assume a yield of pa compounded halfyearly. Round your answer to four decimal places.
a
b
c
d
b In fact, Yuri changes his plan and Jay plans to sell this bond on
January What was Jay's sale price rounded to four decimal
places Assume a yield of pa compounded halfyearly.
a
b
c
d
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