Question 2: You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.

Rate	Maturity Month/Year	Bid	Asked	Change	Ask Yield
??	May 29	103.5371	103.5249	+.3209	5.859
5.901	May 34	104.4861	104.6318	+.4209	??
6.128	May 44	??	??	+.5314	3.891

In the above table, find the Treasury bond that matures in May 2044. What is the asked price of this bond in dollars?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

If the bid-ask spread for this bond is .0631, what is the bid price in dollars?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

question 3 You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.

Rate	Maturity Month/Year	Bid	Asked	Change	Ask Yield
??	May 37	103.5605	103.6487	+.3158	2.549
5.774	May 42	104.5095	104.6552	+.4425	??
6.218	May 52	??	??	+.5548	4.251

In the above table, find the Treasury bond that matures in May 2037. What is the coupon rate for this bond?