ANSWER

Locate the Treasury issue in Figure 6.3 maturing in November 2022. Assume a par value of $1,000.

Requirement 1:

What is its coupon rate? (Do not round intermediate calculations.Round your answer to 3 decimal places (e.g., 32.161).)

Coupon rate

%

Requirement 2:

What is its bid price in dollars? (Do not round intermediate calculations.Round your answer to 3 decimal places (e.g., 32.1616).)

Bid price

$

Requirement 3:

What was the previous day's asked price in dollars? (Do not round intermediate calculations.Round your answer to 3 decimal places (e.g., 32.1616).)

Asked price

$