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To calculate the number of years until maturity, assume that it is currently May 2010. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld 5.390 May
To calculate the number of years until maturity, assume that it is currently May 2010. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld 5.390 May 36 ?? ?? +3 6.54 Requirement 1: In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? Requirement 2: If the bid-ask spread for this bond is two ticks, what is the bid price in dollars
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