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Locate the Treasury bond in Figure 7.4 maturing in August 2026. Assume a $10,000 par value. a. Is this a premium or a discount bond?

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Locate the Treasury bond in Figure 7.4 maturing in August 2026. 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. 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. Enter your answer as a percent rounded to 3 decimal places, e.g., 32.162.) d. What is the bid-ask spread in dollars? (Do not round Intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16.) a. premium b. Premium or discount bond Current yield Yield to maturity Bid-ask spread % % c. d. Treasury Notes and Bonds Coupon Bid Asked Asked Yield 1.250 Chg 0.0391 0.0625 1.160 0.875 1.125 1.286 1.558 0.1016 8.125 100.1641 99.0859 98.6094 127-5000 99.9766 96.5859 0.2344 2.000 1.857 2.004 0.2266 1.500 2.500 2.096 2.210 101.9531 0.2500 0.3125 0.3438 0.2969 0.4688 6.875 1.500 6.375 5-500 2.262 2.380 2.414 0.4531 2.473 5.250 100.1484 99.0703 98.5938 127.4844 99.9609 96.5703 101.9375 135.8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134-3438 128.0781 131.7891 135.9531 128.0625 110.9844 127.4922 129.7188 135.8594 92.4922 136.8438 130.3516 128.2188 128.8203 139.2500 142.6406 134.4063 0.4453 2.485 0.4609 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2024 8/15/2025 8/15/2026 8/15/2027 8/15/2028 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2038 2/15/2039 8/15/2039 2/15/2040 11/15/2040 2/15/2041 2/15/2042 2/15/2043 5/15/2043 2/15/2044 2/15/2045 11/15/2016 5.250 6.125 0.5391 2.478 2.478 2.478 6.250 0.5938 5-375 4-500 128.1406 2.470 2.618 4.750 5.000 2.688 0.5625 0.7031 0.7500 0.7656 0.6875 0.6406 2.690 4-500 3.500 4-500 0.7344 4.625 2.749 2.824 2.839 2.855 2.885 2.872 0.6953 0.7422 4.250 4.750 131.8516 136.0156 128.1250 111.0469 127.5547 129.7813 123-4063 132.5000 103-3828 103.1719 98.3906 112.7578 90.7891 98.148.4 123-3438 132.4688 0.7578 0.6484 103.3516 2.934 3.125 3.125 2.875 3.625 103.1406 98.3594 112.7266 2.950 2.963 0.6250 0.5625 0.6484 0.6016 2.939 2.987 90.7578 2.500 2.875 98.1172 0.6719 2.969

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