Question
Locate the Treasury bond in Figure 6.3 maturing in February 2023. Assume a $2,000 par value. a. Is this a premium or discount bond? b.
| Locate the Treasury bond in Figure 6.3 maturing in February 2023. Assume a $2,000 par value. |
| a. | Is this a premium or discount bond? | |
| b. | What is its current yield? (Do not round intermediate calculations 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 calculations 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 calculations and round your answer to 3 decimal places, e.g., 32.161.) | |
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The Geography Of Finance
Authors: Gordon L. Clark, Darius Wójcik
1st Edition
0199213364, 978-0199213368
