Answered step by step
Verified Expert Solution
Question
1 Approved Answer
U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3p.m. Eastern time. Asked Yield Maturity Coupon Bid Asked Chg Problem
U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3p.m. Eastern time. Asked Yield Maturity Coupon Bid Asked Chg Problem 6-13 Using Treasury Quotes [LO 2] Locate the Treasury issue in Figure 6.3 maturing in August 2028. Assume a par value of $1,000. What is its coupon rate? (Do not round intermediate calculations and 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 3 decimal places, e.g., 32.161.) 1/31/2017 3/15/2018 3/31/2019 8/15/2022 11/15/2024 2/15/2025 2/15/2026 11/15/2027 8/15/2028 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 2/15/2038 11/15/2039 2/15/2040 5/15/2041 8/15/2042 11/15/2043 11/15/2044 2/15/2045 3.125 1.000 1.625 1.625 7.500 2.000 6.000 6.125 5.500 6.125 6.250 5.375 4.500 4.750 4.375 4.375 4.625 4.375 2.750 3.750 3.000 2.500 104.6563 99.8047 100.8047 97.8281 147.6797 99.0078 137.3203 142.3906 136.7344 146. 1719 149.4063 139.3828 132.8906 137.3047 130.9375 131.6406 136.4375 133.1250 101.1406 121.5703 106.3125 96.0313 104.6719 99.8203 100.8203 97.8438 147.6953 99.0234 137.3828 142.4531 136.7969 146.2344 149.4688 139.4453 132.9531 137.3672 131.0000 131.6719 136.4688 133.1563 101.1719 121.6016 106.3438 96.0625 -0.0234 -0.0078 -0.0625 -0.0781 -0.1797 -0.1563 -0.1328 -0.1719 -0.1250 -0.1172 -0.0938 -0.1250 -0.1094 -0.0625 -0.1797 -0.2500 -0.2578 -0.2891 -0.2578 -0.3359 -0.3438 0.4375 0.619 1.061 1.415 1.938 2.038 2.110 2.142 2.253 2.298 2.331 2.353 2.383 2.473 2.521 2.576 2.623 2.622 2.617 2.689 2.667 2.688 2.693 Bid price What was the previous day's asked price in dollars ? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Asked price U.S. Treasury Quotes Treasury note and bond data are representative over-the-counter quotations as of 3p.m. Eastern time. Asked Yield Maturity Coupon Bid Asked Chg Problem 6-13 Using Treasury Quotes [LO 2] Locate the Treasury issue in Figure 6.3 maturing in August 2028. Assume a par value of $1,000. What is its coupon rate? (Do not round intermediate calculations and 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 3 decimal places, e.g., 32.161.) 1/31/2017 3/15/2018 3/31/2019 8/15/2022 11/15/2024 2/15/2025 2/15/2026 11/15/2027 8/15/2028 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 2/15/2038 11/15/2039 2/15/2040 5/15/2041 8/15/2042 11/15/2043 11/15/2044 2/15/2045 3.125 1.000 1.625 1.625 7.500 2.000 6.000 6.125 5.500 6.125 6.250 5.375 4.500 4.750 4.375 4.375 4.625 4.375 2.750 3.750 3.000 2.500 104.6563 99.8047 100.8047 97.8281 147.6797 99.0078 137.3203 142.3906 136.7344 146. 1719 149.4063 139.3828 132.8906 137.3047 130.9375 131.6406 136.4375 133.1250 101.1406 121.5703 106.3125 96.0313 104.6719 99.8203 100.8203 97.8438 147.6953 99.0234 137.3828 142.4531 136.7969 146.2344 149.4688 139.4453 132.9531 137.3672 131.0000 131.6719 136.4688 133.1563 101.1719 121.6016 106.3438 96.0625 -0.0234 -0.0078 -0.0625 -0.0781 -0.1797 -0.1563 -0.1328 -0.1719 -0.1250 -0.1172 -0.0938 -0.1250 -0.1094 -0.0625 -0.1797 -0.2500 -0.2578 -0.2891 -0.2578 -0.3359 -0.3438 0.4375 0.619 1.061 1.415 1.938 2.038 2.110 2.142 2.253 2.298 2.331 2.353 2.383 2.473 2.521 2.576 2.623 2.622 2.617 2.689 2.667 2.688 2.693 Bid price What was the previous day's asked price in dollars ? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Asked price
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