Locate the Treasury bond in Figure 8.4 maturing in August 2047. Assume a par value of $20,000. Is this a premium or a discount bond? Premium bond 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.) What is the current yield? YTM? Bid-ask spread?

Asked Maturity Coupon Chg 11/15/2018 3/31/2019 3/15/2020 0/31/2021 2/15/2023 5/15/2024 8/15/2027 11/15/2028 2/15/2029 2/15/2036 5/15/2037 5/15/2038 2/15/2039 11/15/2039 5/15/2040 8/15/2040 11/15/2041 5/15/2042 8/15/2042 11/15/2042 2/15/2043 5/15/2043 5/15/2044 11/15/2044 2/15/2045 5/15/2045 8/15/2045 11/15/2045 5/15/2046 11/15/2046 5/15/2047 8/15/2047 3.7502.7266 1.625 100.3828 1.625 100.3516 98.0469 7.125 126.8516 2.5 102.7969 6.375 137.0625 5.25 129.1328 5.25 129.5469 4.5 129.7578 5 137.8594 4.5 130.2656 3.5 113.8672 4.375 128.4063 4.375 128.5781 3.875 119.9922 3.125 106.8203 3 104.4063 99.7188 99.6484 3.125 106.4844 2.875 101.7344 3.375 953 3 103.9375 102.7422 -0.0313 00.3984-0.0078 100.3672 -0.0078 98.0625 126.8672 102.8125 137.0781 29.1953 -0.1484 29.6094 -0.1719 29.8203 -0.2344 37.9219 -0.2031 30.3281 -0.2109 13.9297 -0.1719 128.4688 0 128.6406 0 20.0547 0.1953 106.8516 04.4375 1.36 0.0625 -0.1094 0.1016 1.872 2.189 2.272 2.473 2.537 2.594 2.644 2.665 -0.1875 -0.2266 -0.1641 99.75 -0.1875 99.6797-0.125 106.5156 -0.1172 0.1328 111.2266 -0.2266 03.9688 -0.1875 94.1484-0.1719 03.875-0.1875 2.768 2.766 2.778 2.776 101.7656 2.808 2.798 3 103.8438 2.875 101.3438 3 103.8125 101.375 103.8438 93.7813 -0.1797 2.875 101.2188 3 103.8125 98.7422 0.1719 03.8438-0.1719 98.7734