Locate the Treasury issue in Figure 7.4 maturing in February 2023. Assume a par value of $10,000.
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Question:
Locate the Treasury issue in Figure 7.4 maturing in February 2023. 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.)
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