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a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal
a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
b. What is its coupon rate? (Round your answer to 3 decimal places.)
c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
LISTING OF TREASURY ISSUES 0.933 MATURITY COUPON May 15, 2018 1.000 May 15, 2019 0.875 Feb 15, 2021 7.875 Aug 15, 2025 2.000 May 15, 2030 6.250 Nov 15, 2041 3.125 May 15, 2046 2.500 BID ASKED 100.3984 100.4141 99.8125 99.8281 130.5781 130.5938 102.2813 102.2969 152.3984 152.4609 ASKED YLD CHG TO MAT -0.0859 0.791 -0.0859 -0.2656 1.225 -0.3438 1.730 -0.7969 1.950 -0.8750 2.496 111.7891 111.8203 97.9922 98.0234 -0.9063 2.595 Figure 2.3 Listing of Treasury bonds and notes Source: Compiled from data obtained from The Wall Street Journal Online, May 16, 2016. LISTING OF TREASURY ISSUES 0.933 MATURITY COUPON May 15, 2018 1.000 May 15, 2019 0.875 Feb 15, 2021 7.875 Aug 15, 2025 2.000 May 15, 2030 6.250 Nov 15, 2041 3.125 May 15, 2046 2.500 BID ASKED 100.3984 100.4141 99.8125 99.8281 130.5781 130.5938 102.2813 102.2969 152.3984 152.4609 ASKED YLD CHG TO MAT -0.0859 0.791 -0.0859 -0.2656 1.225 -0.3438 1.730 -0.7969 1.950 -0.8750 2.496 111.7891 111.8203 97.9922 98.0234 -0.9063 2.595 Figure 2.3 Listing of Treasury bonds and notes Source: Compiled from data obtained from The Wall Street Journal Online, May 16, 2016
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