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On Monday 6 March, 2023 you purchase a $1,000 Treasury bond that matures on May 15, 2031 (settlement now occurs one day after purchase, so
On Monday 6 March, 2023 you purchase a \$1,000 Treasury bond that matures on May 15, 2031 (settlement now occurs one day after purchase, so you recelve actual ownership of the bond on Tuesday 7March,2023 ). The coupon rate is 4.0 percent and the current price quoted on the bond is 101.233 percent of par (in dollar terms, $1,012.33 ). The last coupon payment occurred on November 15, 2022, and the next coupon payment will be paid on May 15, 2023. Calculate the dirty price. Hint:Do NOT round your intermediate steps Question 2 5pts You owe $1.000 on a credit card with an APR of 24%. If you make a $25 payment at the end of each month, it take to pay this off? Round up your months. Question 3 10pts You have decided to spend \$40,000 on a ground source heat pump system. The local government offers 1% APR financing for this kind of green home heating and cooling. The terms are repayment over 36 months. Calculate your monthly payment to the penny
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