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Today is 1 5 May 2 0 2 2 . Saamiya has just purchased a Treasury bond with a face value of $ 1 0
Today is May Saamiya has just purchased a Treasury bond with a face value of $ maturing at par and paying coupon at j pa The purchase price was $ The maturity date of this bond is May
Use linear interpolation to calculate the yield rate. Give your answer in j form, rounded to three decimal places. Hint: per half year and per half year are the lower bound and the upper bound for the linear interpolation.
a pa
b pa
c pa
d pa
e None of the above
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