Question 25 4 out of 4 points An investor considers the purchase of a 1.5-year bond with a 4% coupon rate, with interest paid semiannually. The bond is currently trading at 94 per $100 face value. Assuming the sequence of treasury spot rates given to you, this bond's Z-spread is closest to: Maturity Spot Rates (%) 0.73 1.11 1.68 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 1.99 2.42 Selected Answer: 695 bps B