Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Locate the Treasury issue in Figure 7.4 maturing in May 2043. 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 May 2043. 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.)
Treasury Notes and Bonds Bid Chg 0.0391 0.0625 0.1016 100.1484 99.0703 98.5938 1274844 99-9609 96 5703 101.9375 135 8438 92.4766 Asked Yield L160 1.286 1.558 1.857 2.004 2.096 2.210 Coupon 1.250 0.875 1.125 8.125 2.000 L500 2.500 6.875 1.500 6.375 5.500 5-250 5250 6.125 6.250 5375 4.500 Asked 100.163 99.0859 98.6094 127-5000 99.9766 96 5859 019531 235.8594 92.1922 0.2314 0.2266 0-2500 0.3125 0.3438 0.2969 0.4688 0.4531 2380 2.414 130289 128.1963 128.578 139.1875 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2004 8/15/2025 8/15/2026 8/15/2027 8/15/2008 11/15/2018 2/15/2009 8/15/2009 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 1303516 128-2188 128.803 139-2500 142.6406 5.000 4.500 3.500 4.500 4.625 18.07 1317891 1359531 1:28.0625 110.9844 127-4922 129.7188 123.3438 1406 131.8516 136,0156 128.1290 111.0469 1275547 1297813 123-4063 132.5000 103.3828 103-1729 983906 112.7578 90.00 98.1484 0.4609 0.5391 0.5938 ostas 0.703 0.7500 0.7656 0.6875 0.6406 0.7344 0.6953 0.7422 0.7578 0.6484 0.6250 0.5625 0.6684 0.6016 2.473 2.485 2.478 2.478 2.478 2.470 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 4.750 3.125 3.125 2.875 3.625 2.500 2.875 103-3516 103-1406 98 3594 112.7266 90.7578 98.1172 0.6719 2.969
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started