... 9/10/01 2/ 28/ 02 8/31/ 02 2 /28 /03 8/31/03 181 171 184 181 184 0.94475 1.94475 2. 94475 3.94475 8/31/01 9/10/01 2/ 28/ 02 9/3/ 02 2 /28 /03 9 /2/ 03 181 171 187 178 186 0.94475 1.96941 2. 94475 3.96393 62 GENERALIZATIONS ... February 15, 20 03, is defined such that 3. 125 3. 125 + 1+ y 1+ y ( 3. 125 + + 103. 125 ) (1 + y 2) (1 + y 2) = 1 02 + 18. 125 32 (3.17) Multiplying both sides by (1+y /2) 4 gives ( 3. 125 + y ) ( + 3. 125 + y ... July 31, 20 01 This market convention achieves the desired split of that coupon payment: $22 .79 for investor S on February 15, 20 01, and $27 5– $22 .79 or $25 2 .21 for investor B on July 31, 20 01 The...