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please help! i need the correct bid price and asked price! Locate the Treasury issue in Figure.6.4 maturing in May 2046. Assume a par value
please help! i need the correct bid price and asked price!
Locate the Treasury issue in Figure.6.4 maturing in May 2046. Assume a par value of $1,000. a. What is is coupon rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.9., 32.161. b. What is its bid price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.9. 32.161. c. What was the previous day's asked price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places; e.9., 32,161. U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3p.m. Eastern time. Figure 6.4 Sample Wall Street Journal U.S. Treasury note and bond prices source: www.wsj.com, January 22,2021 Step by Step Solution
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