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Locate the Treasury issue in Figure above maturing in February 2029. Assume a par value of $10,000. a. What is its coupon rate? (Enter your

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Locate the Treasury issue in Figure above maturing in February 2029. 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? (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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds \begin{tabular}{|r|r|r|r|r|r|} \hline Maturity & \multicolumn{1}{|l|}{ Coupon } & \multicolumn{1}{|l|}{ Bid } & \multicolumn{1}{l|}{ Asked } & \multicolumn{1}{l|}{ Chg } & Asked Yield \\ \hline 5/15/20 & 8.75 & 103.18 & 103.184 & 0.022 & 1.649 \\ \hline 12/31/20 & 2.5 & 100.294 & 100.3 & 0.006 & 1.661 \\ \hline 9/30/21 & 1.125 & 98.304 & 98.31 & 0.102 & 1.684 \\ \hline 4/30/22 & 1.75 & 100.05 & 100.054 & 0.008 & 1.679 \\ \hline 12/31/22 & 2.125 & 101.096 & 101.102 & 0.002 & 1.69 \\ \hline 1/31/23 & 1.75 & 100.042 & 100.046 & 0.006 & 1.702 \\ \hline 3/31/23 & 2.5 & 102.194 & 102 & 0.002 & 1.698 \\ \hline 7/31/23 & 1.25 & 98.114 & 98.12 & 0.004 & 1.703 \\ \hline 4/30/24 & 2 & 101.036 & 101.042 & 0.006 & 1.735 \\ \hline 5/31/24 & 2 & 101.066 & 101.072 & 0.004 & 1.719 \\ \hline 1/31/25 & 2.5 & 103.202 & 103.206 & 0.004 & 1.765 \\ \hline 10/31/25 & 3 & 106.212 & 106.216 & 0.002 & 1.814 \\ \hline 11/15/26 & 6.5 & 130.2 & 130.21 & 0.030 & 1.821 \\ \hline 8/15/27 & 6.375 & 132.17 & 132.18 & 0.022 & 1.85 \\ \hline 2/15/29 & 2.625 & 105.296 & 105.306 & 0.008 & 1.919 \\ \hline 2/15/31 & 5.375 & 134.14 & 134.16 & 0.036 & 1.947 \\ \hline 2/15/36 & 4.5 & 132.23 & 132.25 & 0.770 & 2.108 \\ \hline 2/15/37 & 5 & 141.22 & 141.24 & 0.094 & 2.131 \\ \hline 5/15/38 & 4.5 & 135.026 & 136.046 & 0.074 & 2.182 \\ \hline 2/15/39 & 3.5 & 119.214 & 119.234 & 0.076 & 2.233 \\ \hline 5/15/40 & 4.375 & 134.034 & 135.054 & 0.078 & 2.28 \\ \hline 8/15/41 & 3.75 & 123.23 & 123.25 & 0.786 & 2.348 \\ \hline 8/15/42 & 2.75 & 106.094 & 106.114 & 0.080 & 2.386 \\ \hline 11/15/42 & 2.75 & 106.082 & 106.102 & 0.082 & 2.391 \\ \hline 2/15/43 & 3.125 & 113 & 113.02 & 0.760 & 2.39 \\ \hline 5/15/43 & 2.875 & 108.152 & 1008.172 & 0.094 & 2.398 \\ \hline 8/15/44 & 3.125 & 113.116 & 113.136 & 0.078 & 2.402 \\ \hline 11/15/45 & 3 & 111.136 & 111.156 & 0.080 & 2.403 \\ \hline 2/15/46 & 2.5 & 101.174 & 101.194 & 0.080 & 2.417 \\ \hline 5/15/47 & 3 & 111.25 & 111.27 & 0.760 & 2.409 \\ \hline 8/15/4 & & & & & \\ \hline \end{tabular}

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