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Check my work mode: This shows what is correct or Incorrect for You find the following Treasury bond quotes. To calculate the number of years

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Check my work mode: This shows what is correct or Incorrect for You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr Bid Asked 103.5410 103.5288 Ask Yld Chg +.3248 ?? May 25 5.919 6.052 May 30 104.490 104.6357 +4245 ?? 6.143 May 40 ?? 22 + 5353 3.951 a. 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 and round your answer to 2 decimal places, e.g. 32.16.) b. If the bid-ask spread for this bond 15.0641. what is the bid price in dollars? (Do not round Intermediate calculations and round your answer to 2 decimal places, eg, 32.16.) Answer is complete but not entirely correct. Asked price S 1.268.35 1207.71 b

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