Question
Locate the Treasury issue in Figure 6.3 maturing in February 2026. Assume a par value of $1,000. Requirement 1: What is its coupon rate? (
Locate the Treasury issue in Figure 6.3 maturing in February 2026. Assume a par value of $1,000. |
Requirement 1: |
What is its coupon rate? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).) |
Coupon rate | % |
Requirement 2: |
What is its bid price in dollars? Hint: remember that the price is quoted as a percentage of the face (par) value. So to get the bid price in dollars you multiply the quote, as a percentage, by $1,000 (or just move the decimal on the quote one space to the right). (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.1616).) |
Bid price | $ |
Requirement 3: |
What was the previous days asked price in dollars? You need to adjust the current asked price for the change that occurred for the day, then adjust the quote to get dollars as in the previous part. (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.1616).) |
Asked price | $ |
U.S. Treasury Quotes TREASURY NOTES & BONDS Treasury note and bond data are representative over-the-counter quotations as of 3 p.m. Eastern Maturity 11/30/2012 12/15/2012 4/15/2014 8/15/2015 5/31/2016 5/15/2017 6/30/2017 10/31/2018 Bid 102.7266 100.8672 102.2422 135.8906 104.7656 140.9375 108.1250 102.5781 153.0156 155.1094 99.9063 149.7188 153.9219 141.3906 148.2344 Yield 102.7969 100,9063 102.2734 135.9375 104.7969 140.9688 108.1563 102.6250 153.0625 155.1563 99.9531 149.7500 153.9531 141.4375 148.2813 147.8438 150.7500 138.6250 126.2813 130.9219 135.5625 122.1250 126.9375 124.5469 129.3594 124.6406 114.8594 99.5625 3.375 .4375 5 2.500 1.750 8.500 4844 .5469 7969 s 2/15/2020 8/15/2021 11/15/2021 8/15/2022 11/15/2022 2/15/2026 8/15/2027 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2039 8/15/2039 11/15/2039 2/15/2040 5/15/2040 8/15/2040 7.625 2.488 2.585 6.375 150.7188 138.5781 126.2500 130.8750 135.5156 122.0781 126.8906 124.5156 129.3281 124.6094 8906 5.375 2.756 2.988 2.987 5781 4.625 4.375 3.875114.7813 3.088 11/15/2041 99.5000 .0938 Source: www.wsj.com, 01/27/2012 MacBook Pro
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