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Assume you have the following information for Treasury Notes and Bonds. What Asked Yield (%) should be listed in the table for the two quotes?

  1. Assume you have the following information for Treasury Notes and Bonds. What Asked Yield (%) should be listed in the table for the two quotes? Report your answer to three decimal places and explain your answer.

Treasury Notes and Bond Quotes (as of 2/15/2021)

Maturity

Coupon Rate (%)

Bid Price

Asked Price

Asked Yield (%)

2/15/2026

3.500

102.5000

103.5000

2/15/2028

8.500

110.5000

111.5000

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