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To calculate the number of years until maturity, assume that it is currently May 2 0 2 2 . All of the bonds have a
To calculate the number of years until maturity, assume that it is currently May All of the bonds have a $ par value and pay semiannual coupons.
tableMaturityRateMonthYearBid,Asked,Change,Ask Yield,,,,,May May May
a In the above table, find the Treasury bond that matures in May What is the asked price of this bond in dollars?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
b If the bidask spread for this bond is what is the bid price in dollars?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
tablea Asked price,$b Bid price,$
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