Question: I'm struggling with the solution to this problem. Please Help! Thank you!!! What is the implied interest rate on a Treasury bond ($100,000,6% coupon, semiannual

I'm struggling with the solution to this problem. Please Help! Thank you!!!

What is the implied interest rate on a Treasury bond ($100,000,6% coupon, semiannual payment with 20 years to maturity) futures contract that settled at 10020 ? Do not round intermediate calculations. Round your answer to two decimal places. % If interest rates increased by 1%, what would be the contract's new value? Do not round intermediate calculations. Round your answer to the nearest cent

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