The bond pays annual coupon 4%, has a face value $1000. Three months have passed since last coupon. Using 30/360 day count convention, determine the accrued interest. Round your answer to a cent.



2)The discount factors of swap payments are as follows:

0.98
0.8
0.6
0.5
Calculate the swap fixed rate. Your answer should be in percentage points rounded to the nearest basis point. E.g. 17.6485% should be entered as "17.65"


3) Four year spot rate is 4%, and five year spot rate is 5%. Calculate the one year forward rate at 4 year, i.e. borrowing for one year where the money is borrowed at year 4 end.

Round your answer to the nearest basis point and answer in percentage points, i.e. 5.1456% should be entered as "5.15"

Answer rating: 100% (QA)

1 The time between the last coupon and now is 3 months which is equivalent to 025 years The accrued ... View the full answer