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To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and

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To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and pay semiannual coupons. Rate Maturity Mo/Y May 25 Bid Asked 103.5362 103.8235 Chg +.3204 Ask Yid 2.18 ?? 5.850 103,1840 ?? May 27 May 36 103.3215 4.4513 ?? 4.6821 6.125 ?? 3.87 a. In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the bid-ask spread for this bond is .0628, what is the bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Asked price b. Bid price $ 14.32 2.86

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