7. 200 points You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000 Maturity Ask Rate Mo/Yi Bid Asked Cho Yid ?? May 21 103.5297 103.5275 +.3225 5.999 6.002 May 26 104.4887 104.6344 +.4233 6.138 May 36 ?? ?? +5340 3.931 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Asked price If the bid-ask spread for this bond is.0637, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, eg 32.16.) Bid price References eBook & Resources Worksheet Learning Objective: 06-02 Describe bond values and why they fluctuate Difficulty: 2 Intermediate Section 6.5 Bond Markets Check my work