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Locate the Treasury issue in Figure 6.3 maturing in May 2048. Assume a par value of $2,000. a. What is its coupon rate? (Do not

Locate the Treasury issue in Figure 6.3 maturing in May 2048. Assume a par value of $2,000.
a.

What is its coupon rate? (Do not round intermediate calculations and 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 3 decimal places, e.g., 32.161.)
c. What was the previous days asked price in dollars? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

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Maturity 1/31/2019 12/31/2021 1/31/2022 2/28/2023 9/30/2023 2/29/2024 7/31/2024 1/31/2025 4/30/2025 11/15/2026 2/15/2029 5/15/2030 2/15/2036 5/15/2037 11/15/2039 5/15/2040 8/15/2041 5/15/2042 2/15/2043 2/15/2044 8/15/2046 5/15/2047 5/15/2048 Coupon 1.500 2.125 1.500 2.625 1.375 2.125 2.125 2.500 2.875 6.500 5.250 6.250 4.500 5.000 4.375 4.375 3.750 3.000 3.125 3.625 2.250 3.000 3.125 Bld 99.5469 97.8906 95.6563 99.2109 92.7969 96.1172 95.7344 97.6328 99.8359 126.6406 120.9453 132.8984 120.9375 129.0938 121.3047 121.5313 111.6875 99.1875 101.1641 110.0313 84.6797 98.7578 101.1875 Asked 99.5625 97.9063 95.6719 99.2266 92.8125 96.1328 95.7500 97.6484 99.8516 126.6563 121.0078 132.9609 121.0000 129.1563 121.3672 121.5938 111.7500 99.2188 101.1953 110.0625 84.7109 98.7891 101.2188 Chg -0.0078 0.0703 0.0547 0.1172 0.1172 0.1484 0.1172 0.1953 0.2109 0.3125 0.4063 0.4688 0.5625 0.6641 0.6953 0.7500 0.7500 0.7266 0.7344 0.6875 0.6016 0.6953 0.7422 Asked Yleld 2.205 2.749 2.762 2.801 2.847 2.864 2.887 2.892 2.899 2.906 2.941 2.949 2.964 2.973 3.014 3.021 3.040 3.046 3.056 3.056 3.064 3.063 3.062

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