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You initiated a transaction to purchase a 4.100% coupon 30-year corporate bond on Friday 8/31/2018. The maturity date of the bond is 4/20/2029 and its
You initiated a transaction to purchase a 4.100% coupon 30-year corporate bond on Friday 8/31/2018. The maturity date of the bond is 4/20/2029 and its yield to maturity is 3.456%. Please answer the following questions about this bond.
(a) What are the two dates every year on which the bond pays its coupons.
(b) On what date was the last coupon paid?
(c) What is the settlement date (SDT) for this bond? (Remember the Labor Day holiday!)
(d) How many days are there in the current coupon period?
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