Instruction: 1. Show your calculation steps sufficiently clear. 2. Round your answers with 4 decimals. 1. Consider a 10-month forward contract on a 6.6% semiannually-paid T-note with a face value of $1,000. There are 3 coupons remaining and the next coupon will be paid in 4 months. Assume that the risk-free annual interest rate is 6%. [Hint: Suppose all rates are continuous compounding ] (20%) A. What are the full price and clean price of the 6.6% T-note, respectively? (10) B. Suppose currently this 6.6% T-note is trading at $1,100, compute the no-arbitrage price of the forward contract. (10%)