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URE 2.3 MATURITY COUPON BID ASKED CHG ASKED YLD TO MATURITY ing of Treasury les : Compiled from data from Vall Street Journal Online, mber

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URE 2.3 MATURITY COUPON BID ASKED CHG ASKED YLD TO MATURITY ing of Treasury les : Compiled from data from Vall Street Journal Online, mber 16, 2014 2015 Feb 15 2017 May 15 2020 Feb 15 2025 Feb 15 2030 May 15 2036 Feb 15 2044 Aug 15 4.000 4.500 3.625 7.625 101.6250 109.3516 108.8906 146.1719 141.3125 121.3359 95.9297 101.6328 109.3750 108.9375 1462500 141.3906 121.4141 95.9922 -0.0078 0.0234 0.0938 0.2031 0.7734 0.2578 0.1875 0.046 0.927 1.880 2.541 2.934 3.121 3.339 6.250 4.500 3.125 3. value: 10.00 points Refer to Figure 2.3 and look at the Treasury bond maturing in February 2036. a. How much would you have to pay to purchase one of these bonds? (Round your an Purchase price $ b. What is its coupon rate? (Round your answer to 2 decimal places.) Coupon rate % c. What is the current yield (i.e., coupon income as a fraction of bond price) of the bond Current yield % References eBook & Resources Worksheet Learning Objective: 02-01 Distinguish am the major assets that trade in money marle and in capital markets

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