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Bid Asked Chg Yield 100.1484 0.0391 1.160 Coupon 1.250 0.875 1.125 8.125 99.0703 100.1641 99.0859 98.6094 1.286 0.0625 0.1016 98.5938 1.558 1.857 127.4844 99.9609 127.5000

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Bid Asked Chg Yield 100.1484 0.0391 1.160 Coupon 1.250 0.875 1.125 8.125 99.0703 100.1641 99.0859 98.6094 1.286 0.0625 0.1016 98.5938 1.558 1.857 127.4844 99.9609 127.5000 99.9766 0.2344 0.2266 2.000 2.004 1.500 0.2500 2.096 2.500 96.5859 101.9531 135.8594 0.3125 2.210 6.875 2.262 1.500 2.380 6-375 0.3438 0.2969 0.4688 0.4531 92.4922 136.8438 130.3516 2.414 96.5703 101.9375 135.8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134.3438 5.500 2.473 5-250 128.2188 0.4453 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2024 8/15/2025 8/15/2026 8/15/2027 8/15/2028 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2038 2/15/2039 8/15/2039 2/15/2040 11/15/2040 2/15/2041 2/15/2042 2/15/2043 5/15/2043 2/15/2044 2/15/2045 11/15/2046 2.485 2.478 2.478 5.250 6.125 6.250 2.478 5-375 2.470 2.618 4-500 128.8203 139.2500 142.6406 134.4063 128.1406 131.8516 136.0156 128.1250 111.0469 127.5547 0.4609 0.5391 0.5938 0.5625 0.7031 0.7500 0.7656 0.6875 0.6406 4.750 128.0781 131.7891 135.9531 128.0625 110.9844 2.688 5.000 2.690 4.500 3.500 4-500 127.4922 0.7344 2.749 2.824 2.839 2.855 2.885 2.872 4.625 129.7188 129.7813 0.6953 4.250 123.4063 4.750 132.5000 0.7422 0.7578 0.6484 3.125 103.3828 2.934 123-3438 132.4688 103.3516 103.1406 98.3594 112.7266 90.7578 3.125 2.875 3.625 0.6250 2.950 2.963 0.5625 103.1719 98.3906 112.7578 90.7891 98.1484 0.6484 2.939 2.987 2.500 0.6016 2.875 98.1172 0.6719 2.969 Locate the Treasury bond in Figure 7.4 maturing in February 2041. Assume a $10,000 par value. a. Is this a premium or a discount bond? b. What is its current yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) c. What is its yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places, e.g. 32.162.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. b. Premium or discount bond Current yield Yield to maturity Bid-ask spread premium 3.98 X % 21.970 X % S (0.69) C. d

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