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Refer to Figure 2.3 and look at the Treasury bond maturing in May 2019. a. How much would you have to pay to purchase one

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Refer to Figure 2.3 and look at the Treasury bond maturing in May 2019. a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Price paid Ees b. What is its coupon rate? (Round your answer to 3 decimal places.) Coupon rate c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to maturity % Prev 1 of 12 Next > Ch. 2 Problems LISTING OF TREASURY ISSUES ASKED YLD T MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 -0.0859 0.791 May 15, 2019 0.875 99.8125 99.8281 -0.0859 0.933 Feb 15, 2021 7875 130.5781 130.5938 1.225 -0.2656 Aug 15, 2025 2.000 102.2813 102.2969 1.730 0.3438 May 15, 2030 6.250 152.3984 152.4609 -0.7969 1.950 Nov 15, 2041 3.125 2.496 111.7891 111.8203 -0.8750 May 15, 2046 2.500 -0.9063 2.595 97.9922 98.0234 Figure 2.3 Listing of Treasury bonds and notes Source: Compiled from data obtained from The Woll Street Journal On line, May 16, 2016 Refer to Figure 2.3 and look at the Treasury bond maturing in May 2019. a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Price paid Ees b. What is its coupon rate? (Round your answer to 3 decimal places.) Coupon rate c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to maturity % Prev 1 of 12 Next > Ch. 2 Problems LISTING OF TREASURY ISSUES ASKED YLD T MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 -0.0859 0.791 May 15, 2019 0.875 99.8125 99.8281 -0.0859 0.933 Feb 15, 2021 7875 130.5781 130.5938 1.225 -0.2656 Aug 15, 2025 2.000 102.2813 102.2969 1.730 0.3438 May 15, 2030 6.250 152.3984 152.4609 -0.7969 1.950 Nov 15, 2041 3.125 2.496 111.7891 111.8203 -0.8750 May 15, 2046 2.500 -0.9063 2.595 97.9922 98.0234 Figure 2.3 Listing of Treasury bonds and notes Source: Compiled from data obtained from The Woll Street Journal On line, May 16, 2016

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