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Locate the Treasury bond in Figure 8.4 maturing in February 2042. Assume a par value of $10,000. Is this a premium or a discount bond?
Locate the Treasury bond in Figure 8.4 maturing in February 2042. Assume a par value of $10,000. Is this a premium or a discount bond? Discount bond Premium 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.) Current yield 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.) YTM What is the bid-ask spread in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Bid-ask spread
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