52.1
1.Use this STRIP table to price a 7% coupon bond
with semi-annual coupons and one and a half years to maturity.
The next coupon is due in August 2020 and it is now Feb 2020. (2
pts)
| STRIP | Ask |
| May 2020 | 98.12 |
| Aug 2020 | 96.94 |
| Feb 2021 | 93.95 |
| May 2021 | 92.04 |
| Aug 2021 | 90.50 |
| Feb 2022 | 87.20 |