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Locate the Treasury bond inFigure 8.4maturing in May 2045. Assume a par value of $20,000. Is this a premium or a discount bond? What is
Locate the Treasury bond inFigure 8.4maturing in May 2045. Assume a par value of $20,000.
Is this a premium or a 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.)
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