2. Page 50 Q15, Q17, Q19, Q20 FIGURE 2.3 Listing of Treasury issues Source: Compiled from data from The Wall Street Journal Online, September 16, 2014. ASKED YLD G TO MATURITY MATURITY 2015 Feb 15 2017 May 15 2020 Feb 15 2025 Feb 15 2030 May 15 2036 Feb 15 2044 Aug 15 COUPON BID ASKED 4.000 101.6250 4.500 109.3516 3.625 108.8906 7.625 146.1719 6.250 141.3125 4.500 21.3359 3.125 959297 101.6328-0.0078 109.3750 108.9375 146.2500 141.3906 121.4141 95.9922 0.0234 0.0938 0.2031 0.2734 0.2578 0.1875 0.046 0.927 1.880 2541 2934 3.121 3.338 15. An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what must municipals offer for the investor to prefer them to corporate bonds? (LO 2-1) 17. Turn back to Figure 2.3 and look at the Treasury bond maturing in February 2036. (LO 2-1) a. How much would you have to pay to purchase one of these bonds? b. What is its coupon rate? c, what is the current yield (i.e., coupon income as a fraction of bond price) of the bond