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Locate the Treasury bond in Figure 8.5 maturing in November 2046. Assume a par value of $20,000. a. What is its coupon rate? (Enter your

Locate the Treasury bond in Figure 8.5 maturing in November 2046. Assume a par value of $20,000.

a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.)
b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What was the previous days asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
image text in transcribed
Figure 8.5 Sample Wall Street Journal U.S. Treasury Bond Prices

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