Suppose that today is April 15. A Treasury bond with a 10% coupon paid semiannually every January 15 and July 15 is lis

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answerhappygod
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Suppose that today is April 15. A Treasury bond with a 10% coupon paid semiannually every January 15 and July 15 is lis

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Suppose that today is April 15. A Treasury bond with a 10%coupon paid semiannually every January 15 and July 15 is listed inthe Wall Street Journal as selling at an ask price of 101.04. Ifyou buy the bond from a dealer today, what price will you pay forit? Hint: When you count # of days from Jan 15 to Apr 15,please just count either Jan 15 or Apr 15, but not both. For halfyear period, you can assume 182 days.
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