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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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