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Locate the Treasury bond in Figure 5.4 maturing in February 2027 . Assume a $1,000 par value. a. Is this a premium or a discount

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Locate the Treasury bond in Figure 5.4 maturing in February 2027 . Assume a $1,000 par value. a. Is this a premium or a discount bond? b. What is its current yield? (Do not round intermediate colculotions and 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 calculotions and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculotions and round your answer to 2 decimal ploces, e.g., 32.16.) FIGURE 5.4 Prices Source: www.wsi.com, January 3, 2019

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