Locate the Treasury bond in Figure 8.5 maturing in November 2041. Assume a par value of $20,000.

Is this a premium or a discount bond? Discount bond, Premium 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.)

a. Current yield	%
b. YTM	%
c. Bid-ask spread