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What is the previous day price? Locate the Treasury issue in Figure 7.5 maturing in May 2040. Assume a par value of $10,000. a. What

image text in transcribedimage text in transcribedWhat is the previous day price?

Locate the Treasury issue in Figure 7.5 maturing in May 2040. Assume a par value of $10,000. a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. 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.) Answer is complete but not entirely correct. \begin{tabular}{|r|r|r|r|r|r|} \hline 2/15/2037 & 5 & 141.22 & 141.24 & -0.094 & 2.131 \\ \hline 5/15/2038 & 4.5 & 135.026 & 136.046 & -0.074 & 2.182 \\ \hline 2/15/2039 & 3.5 & 119.214 & 119.234 & -0.076 & 2.233 \\ \hline 5/15/2040 & 4.375 & 134.034 & 135.054 & -0.078 & 2.28 \\ \hline 8/15/2041 & 3.75 & 123.23 & 123.25 & -0.786 & 2.348 \\ \hline 8/15/2042 & 2.75 & 106.094 & 106.114 & -0.080 & 2.386 \\ \hline \end{tabular}

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