Question
A 10-month US Treasury bond, with a face value of $2,000 is currently trading for $1,891.25. What is the quoted price of the bond using
A 10-month US Treasury bond, with a face value of $2,000 is currently trading for $1,891.25. What is the quoted price of the bond using the common 32nd quoting convention? Make sure you keep your precision high via using at least 6 significant digits in your computations.
Note: Enter your answer in two parts: In Part A enter the digits to the left of the colon, and in Part B enter the digits to the right of the colon. For example, if the quoted price is 89:13 then enter 89 for Part A and 13 for Part B.
a. Enter the digits to the left of the colon
b. Enter the digits to the right of the colon
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