. Verizon 2:29 PM @ 4 37% Price Quoting Conventions Question 1 After graduation, you joined a fixed income trading desk. Your supervisor asks you to convert the following price quotes for various bonds into decimal form. Assume $100 par value. Note: In the table terms like "1/4" mean the one-fourth of one 32nd (see the examples from the lecture slides on p. 27 in the lecture Lec2-USTreasury Market). Bond Bond 1 Bond 2 Bond 3 Bond 4 Bond 5 Bond 6 Bond 7 Bond 8 Bond 9 Bond 10 Price Quote 91 - 19+ 107 - 222 99 - 12+ 96 - 70 109-066 112 - 15 1/4 121-05+ 123-01 3/4 88-06 86 - 15 1/2 ... 1.1 Unanswered Calculate the prices in decimal form assuming $100 par value (e.g. 102-50 is 102.156250). Round to six digits after the decimal (e.g. 99.123456). O Hold and drag to reorder Bond = 121.171875 Bond 2 = 96.218750 Bond 3 =107.695313 Bond 4 99.390625 Bond 5 86.484375 Bond 6 112.476563 Bond 7 = 109.210938 Bond 8 = 91.609375 Bond 9 = 88.187500 Bond 10 = 123.054688 Submit