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Problem 7 - 1 6 Using Treasury Quotes [ LO 2 ] Locate the Treasury issue in Figure 7 . 5 maturing in May 2

Problem 7-16 Using Treasury Quotes [LO2]
Locate the Treasury issue in Figure 7.5 maturing in May 2050. Assume a par value of $10,000.
a. What is its coupon rate?
Note: Enter your answer as a percent rounded to 3 decimal places, e.g.,32.161.
b. What is its bid price in dollars?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
c. What was the previous day's asked price in dollars?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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