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Locate the Treasury bond in Figure 7.4 maturing in August 2029. Assume a $10,000 par value. a. Is this a premium or a discount bond?
Locate the Treasury bond in Figure 7.4 maturing in August 2029. 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.)
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