Question
Using Treasury Quotes. Locate the Treasury bond in Figure 7.4 (info below) and referencing the bond maturing in August 2029. Is this a premium or
Using Treasury Quotes. Locate the Treasury bond in Figure 7.4 (info below) and referencing the bond maturing in August 2029. Is this a premium or a discount bond? What is its current yield? What is its yield to maturity? What is the bid-ask spread?
Information from Figure 7.4 relating to bond
Maturity Coupon Bid Asked Chg Asked Yield
2029 Feb 5.250 111:29 111:31 -54 4.2904
2029 Aug 6.125 123:13 123:15 -58 4.2790
2030 May 6.250 125:08 125:11 -62 4.3029
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
