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Locate the Treasury issue in Figure 7.4 maturing in February 2045. 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 2045. 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.)
Asked Yield Asked Chg 0.0291 1160 286 Coupon 1.250 0.875 1.125 8.125 2.000 1.500 2.500 6.875 1.500 6.375 5.500 0.0625 0.1016 0.2344 0.2266 0.2500 0.3125 0.3438 0.2969 0.4688 0.4531 5250 5-250 6.125 6.250 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2024 8/15/2025 8/15/2026 8/15/2027 8/15/2028 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2038 2/15/2039 8/15/2039 2/15/2040 11/15/2040 2/15/2041 2/15/2042 2/15/2043 5/15/2043 2/15/2044 2/15/2045 11/15/2046 Bid 100.1484 99.0703 98.5938 1:274844 99-9609 96.5703 101.9375 135-8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134.3438 128.0781 131.7891 135-9531 128.0625 110.9844 127.4922 129.7188 123-3438 132.4688 103-3516 103.1406 98 3594 1127266 90.7578 98.172 5.375 100.1641 99.0859 98.6094 127-5000 99-9766 96.5859 1019531 135-8594 92.4922 136.8438 1 30-3516 128.2188 128.8203 139.2500 142.6406 134.4063 128.1406 131.8516 136.0156 128.1250 111.0469 127-5547 1297813 123-4063 1325000 1033828 103-1719 98.3906 112.7578 90.7891 98.1484 2 4.500 1.558 1.857 2.004 2.096 2.210 2.262 2380 2.414 2.473 2.485 2.478 2.478 2.478 .470 2.618 2.688 2.690 2.749 2.824 2.839 2.855 2.885 2.872 2.934 2.950 2.963 2.939 2.987 2.969 0.4453 0.4609 0.5391 0.5938 0.5625 0.7031 0.7500 0.7656 0.6875 0.6406 0.7344 0.6953 0.7422 0.7578 0.6484 0.6250 05625 0.6484 0.6016 0.6719 4.750 5.000 4.500 3.500 4.500 4.625 4.250 4.750 3.125 3.125 2.875 3.625 2.500 2.875 Asked Yield Asked Chg 0.0291 1160 286 Coupon 1.250 0.875 1.125 8.125 2.000 1.500 2.500 6.875 1.500 6.375 5.500 0.0625 0.1016 0.2344 0.2266 0.2500 0.3125 0.3438 0.2969 0.4688 0.4531 5250 5-250 6.125 6.250 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2024 8/15/2025 8/15/2026 8/15/2027 8/15/2028 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2038 2/15/2039 8/15/2039 2/15/2040 11/15/2040 2/15/2041 2/15/2042 2/15/2043 5/15/2043 2/15/2044 2/15/2045 11/15/2046 Bid 100.1484 99.0703 98.5938 1:274844 99-9609 96.5703 101.9375 135-8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134.3438 128.0781 131.7891 135-9531 128.0625 110.9844 127.4922 129.7188 123-3438 132.4688 103-3516 103.1406 98 3594 1127266 90.7578 98.172 5.375 100.1641 99.0859 98.6094 127-5000 99-9766 96.5859 1019531 135-8594 92.4922 136.8438 1 30-3516 128.2188 128.8203 139.2500 142.6406 134.4063 128.1406 131.8516 136.0156 128.1250 111.0469 127-5547 1297813 123-4063 1325000 1033828 103-1719 98.3906 112.7578 90.7891 98.1484 2 4.500 1.558 1.857 2.004 2.096 2.210 2.262 2380 2.414 2.473 2.485 2.478 2.478 2.478 .470 2.618 2.688 2.690 2.749 2.824 2.839 2.855 2.885 2.872 2.934 2.950 2.963 2.939 2.987 2.969 0.4453 0.4609 0.5391 0.5938 0.5625 0.7031 0.7500 0.7656 0.6875 0.6406 0.7344 0.6953 0.7422 0.7578 0.6484 0.6250 05625 0.6484 0.6016 0.6719 4.750 5.000 4.500 3.500 4.500 4.625 4.250 4.750 3.125 3.125 2.875 3.625 2.500 2.875Step by Step Solution
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