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Below, you currently May 2013. will find Treasury bond quotes. To calculate the number of years until maturit, assume that i is Maturity Ask Yld
Below, you currently May 2013. will find Treasury bond quotes. To calculate the number of years until maturit, assume that i is Maturity Ask Yld 6.059 Rate Mo/Yr May 25 103.5501 103.5379 +3054 May 30104.4991 104.6448 +4329 May 40 Bid Asked Chg 5.374 6.178 +.5444 4.091 Requirement 1 In the above table, find the Treasury bond that matures in May 2040. What is the asked price of this bond in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16).) Asked price 1169.p Requirement 2: If the bid-ask spread for this bond is .0545, what is the bid price in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g, 32.16).) Bid price 1115.38
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