In example 6 the total time period over which the interest rate is calculated is 4 72/115 rather than 5 72/115
Above Table 14-3 the paragraph should be:
We calculate the invoice price of the $10,000 note at
In the calculation at the bottom of the page the final payment is $10,225 rather than $10,250 throughout. Yld = 0.05322 is correct.
The question should specify B. Calculate and plot the yield curve under the assumption that the curve is derived solely from expectations.
The question should specify that the bond matures February 15, 2015 and is priced at 95.3878 to settle May 15 2013.