Turn back to Figure 2.4 and look at the Treasury bond maturing in February 2012....

Turn back to Figure 2.4 and look at the Treasury bond maturing in February 2012.

a. How much would you have to pay to purchase one of these bonds?

b. What is its coupon rate?

c. What is the current yield (i.e., coupon income as a fraction of bond price) of the bond?