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Problem 7 - 1 6 Using Treasury Quotes [ LO 2 ] Locate the Treasury issue in Figure 7 . 5 maturing in August 2
Problem Using Treasury Quotes LO
Locate the Treasury issue in Figure maturing in August Assume a par value of $
a What is its coupon rate? Enter your answer as a percent rounded to decimal places, eg
b What is its bid price in dollars? Do not round intermediate calculations and round your answer to decimal places, eg
c What was the previous days asked price in dollars? Do not round intermediate calculations and round your answer to decimal places, eg
Data is Sorted Maturity, Coupon, Bid, Ask, Change, and Asked Yield
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