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5- Following quotes are provided for two Treasury Bills: Maturity Bid Ask 6/30/2016 0.160 0.155 10/28/2016 0.158 0.150 Assume that today is 2/1/2016. Assume a

5-

Following quotes are provided for two Treasury Bills:

Maturity Bid Ask

6/30/2016 0.160 0.155

10/28/2016 0.158 0.150

Assume that today is 2/1/2016. Assume a face value of $10,000. As of today:

Calculate the ask price for the bond maturing on 6/30/2016

Calculate the bid price for the bond maturing on 10/28/2016

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