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Problem 6 - 4 ( LG 6 - 2 ) On October 5 , 2 0 2 2 , you purchase a $ 1 1
Problem LG
On October you purchase a $ Treasurynote that matures on August settlement occurs one day after purchase, so you receive actual ownership of the bond on October The coupon rate on the Treasurynote is percent and the current price quoted on the bond is percent. The last coupon payment occurred on May days before settlement and the next coupon payment will be paid on November days from settlement
a Calculate the accrued interest due to the seller from the buyer at settlement.
b Calculate the dirty price of this transaction.
For all requirements, do not round intermediate calculations. Round your answers to decimal places. eg
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