On July 1, 2012, you purchase a $10,000 face value Treasury…

On July 1, 2012, you purchase a $10,000 face value Treasury note that matures in 5 years (settlement occurs one day after purchase, so you receive actual ownership of the bond on July 2, 2012). The coupon rate is 8 percent and the price quote on the bond is 98.1875%. The last coupon payment was May 1, 2012 (61 days before settlement), and the next payment is November 1, 2012 (184 days later). The accrued interest is:     On October 5, 2022, you purchased a $10,000 T-note that matures on May 15, 2031 (settlement occurs one day after purchase, so you receive actual ownership of the bond on October 6, 2022). The coupon rate on the T-note is 4.375% and the current price quoted on the bond is 105.2500%. The last coupon payment occurred on May 15, 2022 (144 days before settlement), and the next coupon payment will be paid on November 15, 2022 (40 days from settlement).