Question
Treasury bond quotes. Assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask
Treasury bond quotes. Assume that it is currently May 2016. The bonds have a par value of $1,000.
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 21 | 103.5540 | 103.5418 | +.3093 | 6.119 |
| 5.524 | May 26 | 104.5030 | 104.6487 | +.4365 | ?? |
| 6.193 | May 36 | ?? | ?? | +.5483 | 4.151 |
In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? If the bid-ask spread for this bond is .0566, what is the bid price in dollars?
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International Finance Theory And Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J Melitz,
11th Edition
013451954X, 9780134519548
