Question: Today is 1 5 May 2 0 2 2 . Saamiya has just purchased a Treasury bond with a face value of $ 1 0

Today is 15 May 2022. Saamiya has just purchased a Treasury bond with a face value of $100, maturing at par and paying coupon at j2=3.4% p.a. The purchase price was $100.065. The maturity date of this bond is 15 May 2024
Use linear interpolation to calculate the yield rate. Give your answer in j2 form, rounded to three decimal places. Hint: 1.65% per half year and 1.9% per half year are the lower bound and the upper bound for the linear interpolation.
a.1.683% p.a.
b.3.201% p.a.
c.3.366% p.a.
d.3.550% p.a.
e. None of the above

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