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See quoted data on Treasury Note and Bond Rates below: Current date: May 23, 2016 Maturity: March 31, 2019 Coupon: 1.500 Bid: 101.3281 Asked: 101.3438

See quoted data on Treasury Note and Bond Rates below:

Current date: May 23, 2016

Maturity: March 31, 2019

Coupon: 1.500

Bid: 101.3281

Asked: 101.3438

Chg: -0.0156

Asked Yield: 1.021

Calculate the ask price of the T-note maturing on March 31, 2019 as of May 23, 2016: $Answer 1

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