4. The Wall Street Journal shows information about the Treasury bond as follows: Bid Asked Maturity 11/15/2044 Coupon 3.000 102.5156 Chg Asked Yield 2.873 Assume that the face value of the bond is $1 million. What is its coupon rate? What is its bid price (in $)? What was the previous day's asked price (in $)? 102.5459 0.5781

Assume that the face value of the bond is $1 million. What is its coupon rate? What is its bid price (in \$)? What was the previous day's asked price (in \$)