Question
1. A) A 9-year US Treasury bond with a face value of $10,000 has a dollar-based price of $6,519. Determine its quoted price using the
1. A) A 9-year US Treasury bond with a face value of $10,000 has a dollar-based price of $6,519. Determine its quoted price using the traditional 32nd quoting convention i.e. as WX : YZ Please enter the two-digit WX value for the quote. For example, if the answer is 84:29, then youd enter 84 as your answer.
B) A 11-year US Treasury bond with a face value of $10,000 has a dollar-based price of $9,048. Determine its quoted price using the traditional 32nd quoting-convention i.e. as WX : YZ
Please enter the two-digit YZ value for the quote. Round to 2-digits if needed.
For example, if the quoted price is 84:29, then youd enter 29 as your answer.
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