The following is a bond quote for december 1, 2013
rate :2.114
maturity: 2/15/1932
bid:97.5
Asked: 97.5313
Chg: 0.035
Yield to maturity: 2.15
What is the coupon amount on the bond if the face value is $1000?
What is the price a prospective buyer will pay to acquire the bond with the $1000 face value?
What is the price a prospective seller will receive if he sells the bond with the face value of $1000?