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Treasury Notes & Bonds Bid Maturity 1/31/2015 2/15/2016 3/15/2017 3/31/2018 5/15/2019 8/15/2020 6/30/2021 11/15/2022 5/15/2023 11/15/2024 2/15/2025 8/15/2027 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037
Treasury Notes & Bonds Bid Maturity 1/31/2015 2/15/2016 3/15/2017 3/31/2018 5/15/2019 8/15/2020 6/30/2021 11/15/2022 5/15/2023 11/15/2024 2/15/2025 8/15/2027 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 2/15/2038 8/15/2039 11/15/2039 2/15/2040 5/15/2040 8/15/2041 11/15/2041 2/15/2042 11/15/2042 2/15/2043 2/15/2044 11/15/2044 Coupon 2.250 4.500 0.750 2.875 3.125 2.625 2.125 7.625 1.750 2.250 7.625 6.375 5.250 5.250 6.125 6.250 5.375 4.500 4.750 5.000 4.375 4.500 4.375 4.625 4.375 3.750 3.125 3.125 2.750 3.125 3.625 3.000 100.2891 104.9219 99.9688 105.4844 106.8594 104.5156 101.1641 141.2891 97.1953 100.2656 149.4688 143.8281 133.2734 133.5625 145.2500 148.4531 138.1641 130.8203 135.2266 139.8594 128.2578 130.8672 128.7031 133.3516 129.0938 117.9063 105.5625 105.3125 97.6250 104.9453 114.9844 102.5156 Asked 100.3047 104.9531 99.9844 105.5000 106.8750 104.5313 101.1797 141.3047 97.2109 100.2813 149.4844 143.8906 133.3359 133.6250 145.3125 148.5156 138.2266 130.8828 135.2891 139.9219 128.3203 130.8984 128.7344 133.3828 129.1250 117.9375 105.5938 105.3438 97.6563 104.9766 115.0156 102.5469 Chg -0.0313 -0.0391 unch. 0.1250 0.1719 0.2422 0.2578 0.3594 0.3438 0.2969 0.4453 0.5000 0.5313 0.5313 0.5781 0.6016 0.5625 0.6719 0.6641 0.6875 0.5625 0.5313 0.5391 0.5313 0.5234 0.5391 0.5469 0.5703 0.5156 0.5703 0.5859 0.5781 Asked yield 0.093 0.299 0.757 1.173 1.515 1.783 1.933 1.973 2.113 2.218 2.179 2.352 2.417 2.432 2.435 2.454 2.490 2.595 2.638 2.632 2.720 2.764 2.771 2.774 2.771 2.792 2.827 2.841 2.873 2.866 2.862 2.873 Locate the Treasury bond in Figure 8.4 maturing in November 2041. Assume a par value of $20,000. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) Coupon rate What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bid price $ What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Previous day's asked price
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