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Locate the Treasury bond in Figure 6.4 maturing in February 2043. Assume a $1,000 par value. a. Is this a premium or discount bond? b.

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Locate the Treasury bond in Figure 6.4 maturing in February 2043. Assume a $1,000 par value. a. Is this a premium or discount bond? b. What is its current yield? Note: 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? Note: 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? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3 p.m. Eastern time. Figure 6.4 Sample Wall Street Journal U.S. Treasury note and bond prices Source: www.wsj.com, January 22, 2021. a. Premium/Discount b. Current yield c. Yield to maturity d. Bid-ask spread \begin{tabular}{|l|l|} \hline Premium bond & \\ \hline 2.48 & % \\ \hline & % \\ \hline & \\ \hline \end{tabular}

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