Question: Consider a bond with a 6.4% coupon and a yield to maturity of 3.3% maturing in JUST OVER 8 years. Supposed the Bond was purchase

Consider a bond with a 6.4% coupon and a yield to maturity of 3.3% maturing in JUST OVER 8 years. Supposed the Bond was purchase 84 days after the most recent coupon was paid.If there are 181 days in the current coupon period, explain why the full price of this bond is $1237.50722

Notice: 1. the bond matures just over 8 years. 2. The bond pays coupon semi-annually.

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