Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Treasury Notes and Bonds Asked Yield Coupon Bid Asked Chg 1.250 0.0391 1.160 0.875 100.1641 99.0859 98.6094 0.0625 1.286 1.125 0.1016 1.558 100.1484 99.0703 98.5938
Treasury Notes and Bonds Asked Yield Coupon Bid Asked Chg 1.250 0.0391 1.160 0.875 100.1641 99.0859 98.6094 0.0625 1.286 1.125 0.1016 1.558 100.1484 99.0703 98.5938 127.4844 99.9609 96.5703 8.125 127-5000 0.2344 1.857 2.000 0.2266 2.004 99.9766 96.5859 1.500 0.2500 2.096 2.500 101.9375 101.9531 0.3125 2.210 6.875 135.8594 2.262 0.3438 0.2969 1.500 92.4922 2.380 6.375 0.4688 2.414 136.8438 130.3516 5-500 0.4531 2.473 5.250 128.2188 0.4453 2.485 2.478 5.250 135.8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134.3438 128.0781 131.7891 128.8203 0.4609 2.478 6.125 6.250 Maturity 11/15/2018 4/15/2019 4/30/2020 8/15/2021 7/31/2022 2/28/2023 5/15/2024 8/15/2025 8/15/2026 8/15/2027 8/15/2028 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 5/15/2038 2/15/2039 8/15/2039 2/15/2040 11/15/2040 2/15/2041 2/15/2042 2/15/2043 5/15/2043 2/15/2044 2/15/2045 11/15/2046 0.5391 0.5938 0.5625 2.478 5-375 2.470 4-500 0.7031 2.618 139.2500 142.6406 134.4063 128.1406 131.8516 136.0156 128.1250 111.0469 4.750 0.7500 2.688 5.000 2.690 4-500 135.9531 128.0625 110.9844 0.7656 0.6875 0.6406 2.749 3.500 2.824 4.500 127.4922 127.5547 0.7344 2.839 4.625 0.6953 2.855 129.7813 123.4063 4.250 0.7422 2.885 2.872 4.750 132.5000 3.125 103-3828 2.934 3.125 129.7188 123-3438 132.4688 103-3516 103.1406 98.3594 112.7266 90.7578 98.1172 103.1719 2.950 0.7578 0.6484 0.6250 0.5625 0.6484 0.6016 2.963 2.875 3.625 2.939 98.3906 112.7578 90.7891 98.1484 2.500 2.987 2.875 0.6719 2.969 You received partial credit in the previous attempt. 11 Locate the Treasury bond in Figure 7.4 maturing in February 2041. Assume a $10,000 par value. 4 points 8 00:49:56 a. Is this a premium or a discount bond? b. What is its current yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is its yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places, e.g., 32.162.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) eBook a. Premium or discount bond premium References b. 3.98% C. Current yield Yield to maturity Bid-ask spread 21.970 % d. $ 0.47
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started