Figure 6.4 shows a portion of the daily Treasury note and bond listings from The Wall Street Journal online. The only difference between a Treasury note and a Treasury bond is that notes have 10 years or less to maturity at the time of issuance. The entry that begins " 5/15/2038 " is highlighted. Reading from left to right, the " 5/15/2038 " tells us that the bond's maturity is May 15,2038 . The 4.500 is the bond's coupon rate. Treasury bonds all make semiannual payments. If this bond has a face value of $1,000, the bond will pay $22.50 per six months until it matures. Page 193 Figure 6.4 Sample Wall Street Journal U.S. Treasury note and bond prices U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3 p.m. Eastern time. 14. Using Treasury Quotes Locate the Treasury bond in Figure 6.4 maturing in February 2037. Is this a premium or a discount bond? What is its current yield? What is its yield to maturity? What is the bid-ask spread for a $10,000 par value bond