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Locate the Treasury bond in Figure 7 . 5 maturing in November 2 0 4 5 . Assume a $ 1 0 , 0 0

Locate the Treasury bond in Figure 7.5 maturing in November 2045. Assume a $10,000
par value.
a. Is this a premium or a 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 2 decimal places, e.g.,32.16.)
d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g.,32.16.)
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