A. Yahoo bond pays coupon interest 2.75% semi-annually on face value $100. Bond is sold on November 14, 2017. Bond matures in April 14, 2035. Bond is priced to yield the investor 2.80%. How much is the bond’s price (clean)? How much is the bond’s accrued interest? How much is the bond’s dirty price?
B. A US Treasury note with interest rate 3.10%/ matures on Aug 15, 2020 pays semi-annually on face value $100. Bond is purchased on December 3, 2018. Bond is priced to yield the investor 3.20%. How much is the bond’s price (clean)? How much is the bond’s accrued interest? How much is the bond’s dirty price?
Dates are given in the question