如下两道题的解析给的美国国债默认面值都是100。不应该是1000吗？考试时用100来计算？
No.PZ2020011303000170 (问答题)
Suppose a U.S. Treasury bond that pays coupons at the rate of 8% per yearon May 15 and November 15 is sold in a transaction settled on October 18. What is the accrued interest?
There are 184 days between coupon payments and 156 days between the last coupon and the settlement date. The accrued interest is 4×156/184=3.3913
No.PZ2020011303000164 (问答题)
The price of a U.S. Treasury bond is quoted as 98.0. It is sold in a transaction settled on June 27. Coupons are paid at the rate of 6% per year on March 15 and September 15. What is the cash price?
There are 184 days between coupon payments and 104 days between the last coupon and the settlement date. The accrued interest is
3×104/184 =1.6957
The cash price is 98 + 1.6957 = 99.6957.
