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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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