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Treasury Notes and Bonds Maturity Coupon Bid Asked Chg Asked Yield 100.1484 100.1641 0.0391 1.160 1.250 0.875 1.286 1.125 8.125 2.000 1.500 2.500 6.875 99.0859

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Treasury Notes and Bonds Maturity Coupon Bid Asked Chg Asked Yield 100.1484 100.1641 0.0391 1.160 1.250 0.875 1.286 1.125 8.125 2.000 1.500 2.500 6.875 99.0859 98.6094 127.5000 99.9766 96.5859 101.9531 0.0625 0.1016 0.2344 0.2266 0.2500 0.3125 0.3438 0.2969 0.4688 1.558 1.857 2.004 2.096 2.210 2.262 2.380 1.500 2.414 6.375 5.500 0.4531 5.250 5.250 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 99.0703 98.5938 127.4844 99.9609 96.5703 101.9375 135.8438 92.4766 136.8281 130.2891 128.1563 128.7578 139.1875 142.5781 134.3438 128.0781 131.7891 135.9531 128.0625 110.9844 127.4922 129.7188 2.473 2.485 2.478 2.478 2.478 2.470 2.618 6.125 6.250 5-375 4.500 4.750 5.000 4.500 3.500 4.500 4.625 135.8594 92.4922 136.8438 130.3516 128.2188 128.8203 139.2500 142.6406 134.4063 128.1406 131.8516 136.0156 128.1250 111.0469 127-5547 129.7813 123.4063 132.5000 103-3828 103.1719 98.3906 112.7578 90.7891 98.1484 0.4453 0.4609 0.5391 0.5938 0.5625 0.7031 0.7500 0.7656 0.6875 0.6406 0.7344 0.6953 0.7422 0.7578 0.6484 0.6250 0.5625 0.6484 0.6016 0.6719 4.250 4.750 3.125 3.125 2.875 3.625 2.500 2.875 123-3438 132.4688 103-3516 103.1406 98.3594 112.7266 90.7578 98.1172 2.690 2.749 2.824 2.839 2.855 2.885 2.872 2.934 2.950 2.963 2.939 2.987 2.969 Locate the Treasury bond in Figure 7.4 maturing in August 2028. Assume a $10,000 par value. 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.) premium b. Premium or discount bond Current yield Yield to maturity Bid-ask spread d

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