Today is February 15, 2008 Issue Type Date Bond Aug 2003 Price Coupon Rate 7.00% Maturity Date YTM Current Yield Rating 8-15-2018 5.156% AAA What is the price of the August 2003 Treasury bond with semiannual payment (assume a $100,000 par value) with the yield to maturity from the table? What is the current yield of this bond? Why is the current yield higher than the yield to maturity? Hint: Make sure to round all intermediate calculations to at least six decimal places. What is the price in dollars of the August 2003 Treasury bond? (Round to the nearest cent)