Question: The Treasury bond prices in this table are DIFFERENT from the last problems'. Bond Principal ($) Time to Maturity (yrs) Annual Coupon ($)* Bond Price

The Treasury bond prices in this table are DIFFERENT from the last problems'. Bond Principal ($) Time to Maturity (yrs) Annual Coupon ($)* Bond Price ($) 100 0.5 0.0 98 100 1.0 0.0 95 100 1.5 6.2 101 100 2.0 8.0 105 *Half the stated coupon is paid every six months Calculate the 2-year par yield

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