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Locate the Treasury bond in Figure 6.4 maturing in November 2027. Assume a $2,000 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 November 2027. Assume a $2,000 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.9., 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 decimol 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.9. 32.161. J.S. Treasury Quotes Freasury note and bond data are representative over-the-counter quotations as of 3p.m. Eastern time. Figure 6.4 Sample Wall Street Journal U.S. Treasury note and bond prices

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