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answer 6-8 please Use the following information for questions 6-8. On October 19, 1987, the asked price for a November 2002 Treasury bond was quoted

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answer 6-8 please

Use the following information for questions 6-8. On October 19, 1987, the asked price for a November 2002 Treasury bond was quoted in the Wall Street Journal at 110.14. The change column said +.26. The T-bond had a coupon rate of 11.625% and a yield to maturity of 10.25%. The bond was originally a 30-year bond, and it was issued by the Treasury in November 1972. 6. What was the asked price on October 19, 1987 for a $1,000 face value T-bond that matures in November 2002? 110.44 load 104 2 261 toa,u 74 alloly z Answer: $ wa per $1,000 face value 7. For the November 2002 T-bond, did its yield rise or fall on Black Monday? Answer: Its yield Rose Fell (Circle One) 8. What happened to the T-bond between when it was issued in 1972 and Black Monday Answer: The price Rose/Fell (circle one) by about % and the yield Rose/Fell (circle one) by about 26 basis points

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