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Hi please provide formulas used. Thanks :) Treasury prices and yields are quoted in newspapers and online. To get practice reading and understandir these quotes,

Hi please provide formulas used. Thanks :) image text in transcribed
image text in transcribed
Treasury prices and yields are quoted in newspapers and online. To get practice reading and understandir these quotes, locate the Treasury issue in Figure 7.4 maturing in August 2028. Assume a par value of $10,000 and answer the following questions. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) Coupon rate What is the quoted price (in dollars) that you would receive for selling this bond? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.9.32.16.) Bid price What was the previous day's quoted price (in dollars) to purchase the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16) Asked price

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