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According to the Yahoo Finance Bond Center, dealers are currently offering the US government's 8.5% 2020 Treasury Bond for "141." Answer the...
1). According to the Yahoo Finance Bond Center, dealers are currently offering the US government’s 8.5% 2020 Treasury Bond for “141.71.” Answer the following questions about the bond:a. What is the price in dollars of the bond?b. What is the amount of the coupon interest payment you would receive each year if you bought the bond? (assume annual payments)c. How many payments would you receive if you bought the bond and held it to maturity? (In other words, how many years from now does the bond have to go before it matures?)d. What is the bond’s Yield to Maturity, or YTM, assuming you purchased it for the current offering price?