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Locate the Treasury issue in Figure 7.4 maturing in February 2040. Assume a par value of $10,000. a. What is its coupon rate? (Enter your

Locate the Treasury issue in Figure 7.4 maturing in February 2040. Assume a par value of $10,000.

a.

What is its coupon rate? (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 2 decimal places, e.g., 32.16.)

c.

What was the previous days asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

February 2040

Maturity

Coupon

Bid

Asked

2/15/2040

4.625

129.7188

129.7813

Chg

Asked yield

0.6953

2.855

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