Rate Bid You find the following Treasury bond quotes. To calculate the number of years until...
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Rate Bid You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Ask Asked Chg Yld 103.5362 103.8235 +.3204 ?? May 21 5.850 104.3850 5.850 6.125 May 26 104.1762 +.4513 ?? May 39 ?? ?? +.6821 3.870 a. In the above table, find the Treasury bond that matures in May 2039. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0628, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Asked price b. Bid price Rate Bid You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Ask Asked Chg Yld 103.5362 103.8235 +.3204 ?? May 21 5.850 104.3850 5.850 6.125 May 26 104.1762 +.4513 ?? May 39 ?? ?? +.6821 3.870 a. In the above table, find the Treasury bond that matures in May 2039. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0628, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Asked price b. Bid price
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