Question
Below, you will find Treasury Bond quotes. To calculate the number of years until maturity, assume that it is currently May 2013. Rate maturity (mo/yr)
Below, you will find Treasury Bond quotes. To calculate the number of years until maturity, assume that it is currently May 2013.
| Rate | maturity (mo/yr) | Bid | Asked | Chg | Ask Yld |
| ?? | May 19 | 103.5592 | 103.5470 | +.3145 | 6.199 |
| 5.724 | May 24 | 104.5082 | 104.6539 | +.4413 | ?? |
| 6.213 | May 34 | ?? | ?? | +.5535 | 4.231 |
Requirement 1: In the above table, find the Treasury bond that matures May 2034. What is the asked price of this bond in dollars?
Requirement 2: If the bid-ask spread for this bond is .0595, what is the bid price in dollars?
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Contemporary Quantitative Finance
Authors: Carl Chiarella, Alexander Novikov
2010th Edition
3642034780, 978-3642034787
