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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 Using Treasury Quotes LO
Locate the Treasury issue in Figure maturing in May Assume a par value of $
a What is its coupon rate?
Note: Enter your answer as a percent rounded to decimal places, eg
b What is its bid price in dollars?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
c What was the previous day's asked price in dollars?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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