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Locate the Treasury bond in Figure 8 . 5 maturing in February 2 0 4 7 . Assume a par value of $ 2 0

Locate the Treasury bond in Figure 8.5 maturing in February 2047. Assume a par value of $20,000.
Is this a premium or a discount bond?
multiple choice
Premium bond Correct
Discount 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.,32.16.)
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.,32.161.)
c. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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