Locate the Treasury bond in Figure 6.3 maturing in February 2036. Assume a $1,000 par value. Is this a premium or a discount bond? (Click to select)Premium bondDiscount bond 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.) Current yield % 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.) Yield to maturity % 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.) Bid-ask spread $

U.S. Treasury Quotes FIGURE 6.3 Treasury note and bond data are representative over-the-counter quotations as of 3 p.m. Eastern time. Sample Wall Street Journal U.S. Treasury Asked note and bond prices Maturity Coupon Bid Asked Chg Yield 1/31/2017 3.125 104.6563 104.6719 0.0234 0.619 3/15/2018 99.8047 1.000 99.8203 0.0078 1.061 3/31/2019 1.625 100.8047 100.8203 0.0625 1.415 8/15/2022 1.625 97.8281 97.8438 0.0781 1.938 147.6797 11/15/2024 7.500 147.6953 0.1797 2.038 2/15/2025 2.000 99.0078 99.0234 0.1563 2.110 2/15/2026 137.3203 6.000 137.3828 0.1328 2.142 2.253 To buy Treasury bonds 2.298 2.331 directly from the 142.4531 11/15/2027 6.125 142.3906 0.1719 136.7969 8/15/2028 5.500 136.7344 0.1250 8/15/2029 6.125 146.1719 146.2344 0.1172 2.353 government, go to www. 149.4063 149.4688 5/15/2030 6.250 0.0938 treasurydirect.gov. 2/15/2031 5.375 139.3828 139.4453 0.1250 2.383 132.9531 2/15/2036 4.500 132.8906 0.1094 2.473 2/15/2037 137.3047 4.750 137.3672 0.0625 2.521 2/15/2038 4.375 130.9375 131.0000 0.1797 2.576 11/15/2039 4.375 131.6406 131.6719 0.2500 2.623 136.4688 2/15/2040 4.625 136.4375 0.2578 2.622 133.1250 133.1563 5/15/2041 4.375 0.2891 2.617 8/15/2042 2.750 101.1406 101.1719 0.2578 2.689 11/15/2043 3.750 121.5703 121.6016 0.3359 2.667 11/15/2044 3.000 106.3125 106.3438 0.3438 2.688 0.4375 2.693 2/15/2045 2.500 96.0313 96.0625 Source: www.wsj.com, 3/13/2015