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Question 1 a. What were the bid price, asked price, and yield to maturity of the 4.50% August 2039 Treasury bond displayed in Figure below?

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Question 1 a. What were the bid price, asked price, and yield to maturity of the 4.50% August 2039 Treasury bond displayed in Figure below? b. What was its asked price the previous day? c. If 30 days have passed since the last coupon payment, what is the sale, or invoice, price of the bond? U.S. Government Bonds and Notes ASK MATURITY COUPON BID ASKED CHG YLD un 30 11 5.125 107:11 107:11 -2 0.7792 Jul 31 11 1.000 100:09 100:10 -2 0.8303 Jul 31 11 4.875 107:05 107:06 -3 0.8186 Aug 15 11 5.000 107:18 107:19 -3 0.8118 Aug 31 11 1.000 100:06 100:06 -1 0.9008 Aug 31 11 4.625 106:29 106:30 -3 0.8796 Sep 30 11 1.000 100:03 100:03 -2 0.9555 Sep 30 11 4.500 106:28 106:29 -2 0.9365 Oct 31 11 4.625 107:11 107:12 -2 0.9739 Nov 15 11 1.750 101:16 101:17 -2 1.0122 Nov 30 11 4.500 107:08 107:09 -3 1.0235 May 15 37 5.000 111:00 111:05 -21 4.3049 Feb 15 38 4.375 100:24 100:28 -21 4.3208 May 15 38 4.500 102:29 103:00 -20 4.3161 Feb 15 39 3.500 86:11 86:14 --18 4.3197 May 15 39 4.250 98:26 98:29 -20 4.3156 Aug 15 39 4.500 103:02 103:03 -22 4.3143

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