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Locate the Treasury bond in Figure 8.4 maturing in August 2040. Assume a par value of $10,000. What is its coupon rate? (Enter your
Locate the Treasury bond in Figure 8.4 maturing in August 2040. Assume a par value of $10,000. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) > Answer is complete but not entirely correct. Coupon rate 3.875 % Bid price EA $ 11,999.22 Previous day's asked price $ 11,985.94 x Locate the Treasury bond in Figure 8.4 maturing in August 2045. Assume a par value of $20,000. Is this a premium or a discount bond? Premium bond O Discount bond 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.) What is its yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) What is the bid-ask spread in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Answer is not complete. Current yield 2.84 % YTM 2.804 % Bid-ask spread Maturity Coupon Bid Asked Chg Asked Yld 11/15/2018 3.75 102.7266 102.7422 -0.0313 1.342 3/31/2019 1.625 100.3828 100.3984 -0.0078 1.36 3/15/2020 1.625 100.3516 100.3672 -0.0078 1.474 10/31/2021 1.25 98.0469 98.0625 -0.0313 1.74 2/15/2023 7.125 126.8516 126.8672 -0.0625 1.872 5/15/2024 2.5 102.7969 102.8125 -0.1094 2.045 8/15/2027 6.375 137.0625 137.0781 -0.1016 2.189 11/15/2028 5.25 129.1328 129.1953 -0.1484 2.272 2/15/2029 5.25 129.5469 129.6094 -0.1719 2.285 2/15/2036 4.5 129.7578 129.8203 -0.2344 2.473 5/15/2037 5 137.8594 137.9219 -0.2031 2.537 5/15/2038 4.5 130.2656 130.3281 -0.2109 2.594 2/15/2039 3.5 113.8672 113.9297 -0.1719 2.644 11/15/2039 4.375 128.4063 128.4688 -0.1875 2.665 5/15/2040 4.375 128.5781 128.6406 -0.2266 2.68 8/15/2040 3.875 119.9922 120.0547 -0.1953 2.696 11/15/2041 3.125 106.8203 106.8516 -0.1641 2.735 5/15/2042 3 104.4063 104.4375 -0.1797 2.751 8/15/2042 2.75 99.7188 99.75 -0.1875 2.764 11/15/2042 2.75 99.6484 99.6797 -0.125 2.768 2/15/2043 3.125 106.4844 106.5156 -0.1172 2.766 5/15/2043 2.875 101.7344 101.7656 -0.1328 2.778 5/15/2044 3.375 111.1953 111.2266 -0.2266 2.776 11/15/2044 3 103.9375 103.9688 -0.1875 2.79 2/15/2045 2.5 94.1172 94.1484 -0.1719 2.808 5/15/2045 3 103.8438 103.875 -0.1875 2.798 8/15/2045 2.875 101.3438 101.375 -0.1719 2.804 11/15/2045 3 103.8125 103.8438 -0.1797 2.802 5/15/2046 2.5 93.75 93.7813 -0.1797 2.818 11/15/2046 2.875 101.2188 101.25 -0.1719 2.812 5/15/2047 3 103.8125 103.8438 -0.1719 2.808 8/15/2047 2.75 98.7422 98.7734 -0.1484 2.811
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