Refer to Figure 2.3 and look at the Treasury bond maturing in May 2046.

a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

b. What is its coupon rate? (Round your answer to 3 decimal places.)

c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

LISTING OF TREASURY ISSUES MATURITY COUPON May 15, 2018 1.000 May 15, 2019 0.875 Feb 15, 2021 7.875 Aug 15, 2025 2.000 May 15, 2030 6.250 Nov 15, 2041 3.125 May 15, 2046 2.500 BID ASKED 100.3984 100.4141 99.8125 99.8281 130.5781 130.5938 102.2813 102.2969 152.3984 152.4609 111.7891 111.8203 97.992298.0234 ASKED YLD CHG TO MAT -0.0859 0.791 -0.0859 0.933 -0.2656 1.225 -0.3438 1.730 -0.7969 1950 -0.8750 2.496 -0.9063 2.595 Refer to Figure 2.3 and look at the Treasury bond maturing in May 2046. a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Price paid b. What is its coupon rate? (Round your answer to 3 decimal places.) Coupon rate c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to maturity