Locate the Treasury bond in Figure $7\mathrm{.}5$ maturing in November $2026.$ Assume a par value

of $$10,000.$

Is this a premium or a discount bond?

Discount bond

Premium bond

a$.$ What is its current yield? $($Do not round intermediate calculations and enter your

answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ 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$.,32\mathrm{.}161.)$

c$.$ What is the bid$-$ask spread in dollars? $($Do not round intermediate calculations and

round your answer to $2$ decimal places, e$,$g$.,32\mathrm{.}16.)$

a$.$ Current yield

b$.$ Yield to maturity

c$.$ Bid$-$ask spreadFIGURF $75$ Sample Wall Street Jourual U$.$S$.$ Treasury Note and Bond Prices

$\backslash$table$[[,$Treasury Notes and Bonds,,$],[$Mafurity$,$Compon,Bid,Asked,Chg$,\backslash$table$[[$Asked$],[$Yield$]]],[5152020,8\mathrm{.}75,103\mathrm{.}18,103\mathrm{.}184,-0\mathrm{.}022,1649],[\frac{12}{12020},2\mathrm{.}5,100294,1003,=0\mathrm{.}006,1\mathrm{.}661],[,1$:$125,98\mathrm{.}304=,9831,0\mathrm{.}102,1\mathrm{.}684],[4300022,1\mathrm{.}75,10005,100054,0\mathrm{.}008,1\mathrm{.}679],[12\sqrt[\phantom{2}]{312027},2125,101096,101102,0\mathrm{.}002,1\mathrm{.}69],[1\sqrt[\phantom{2}]{312023},,100\mathrm{.}042,100\mathrm{.}046,0006,1\mathrm{.}702],[,25,102$:$194,102,0\mathrm{.}002,1\mathrm{.}698],[731203,125,98\mathrm{.}114,98\mathrm{.}12,0004,1\mathrm{.}703],[4302024,,101,036,101\mathrm{.}042,-0\mathrm{.}006,1\mathrm{.}735],[5312024,2,101\mathrm{.}066,101\mathrm{.}072,0\mathrm{.}004,1719],[13200,2\mathrm{.}5,103\mathrm{.}202,103\mathrm{.}206,-0\mathrm{.}004,1\mathrm{.}765],[1031203,3,106\mathrm{.}212,106\mathrm{.}216,-0\mathrm{.}002,1\mathrm{.}814],[{111}^{2026},6\mathrm{.}5,130\mathrm{.}2,130\mathrm{.}21,-0\mathrm{.}030,1\mathrm{.}821],[,6\mathrm{.}375,132\mathrm{.}17,132\mathrm{.}18,-0\mathrm{.}022,188],[215202,2\mathrm{.}625,105\mathrm{.}296,105\mathrm{.}306,-0\mathrm{.}008,1919],[21520=1,5375,134\mathrm{.}14,134\mathrm{.}16,-00086,1947],[2152066,4\mathrm{.}5,132\mathrm{.}23,132\mathrm{.}25,-0\mathrm{.}770,2108],[215-2017,\backslash$table$[[5],[5]],141\mathrm{.}22,141\mathrm{.}24,-0\mathrm{.}094,2131],[5ln2038,\backslash$table$[[4\mathrm{.}45]],135,026,136\mathrm{.}046,-004,2182],[21512039,3\mathrm{.}5,119\mathrm{.}214,119\mathrm{.}234,=0016,223],[\frac{5}{15}\frac{?}{2040},4375,134\mathrm{.}034,135$:$054,,228],[\frac{81}{2041},3\mathrm{.}75,12323,123$:$25,=0\mathrm{.}786,2348],[,275,106\mathrm{.}094,106\mathrm{.}14,-0\mathrm{.}080,2386],[-\frac{1115}{2042},275,106\mathrm{.}082,106\mathrm{.}102,-0\mathrm{.}083,2391],[\frac{215}{2043},3\mathrm{.}125,113,113\mathrm{.}02,-0\mathrm{.}60,239],[=\frac{515}{2049},2\mathrm{.}875,108\mathrm{.}152,1008$ in$2,0,094,2\mathrm{.}390],[\backslash$table$[[8\mathrm{.}52044]],3\mathrm{.}125,113\mathrm{.}116,143\mathrm{.}136,-0\mathrm{.}078,2402],[1115,2045,3,111\mathrm{.}136,111\mathrm{.}156,-0\mathrm{.}080,2403],[215,2046,25,101\mathrm{.}174,101\mathrm{.}194,-0\mathrm{.}080,2417],[\frac{5}{15}$:$2047,3,11125,11127,\backslash$table$[[-0\mathrm{.}760]],2409],[8$:$\frac{15}{2049},225,96\mathrm{.}16,96\mathrm{.}18,-0074,2413]]$