Question
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond
| You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. |
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld | ||
| ?? | May 24 | 103.4547 | 103.5275 | +.3235 | 5.899 | ||
| 6.002 | May 29 | 104.4887 | 104.6344 | +.4233 | ?? | ||
| 6.138 | May 39 | ?? | ?? | +.5340 | 3.931 | ||
| In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) | |||||||
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How To Value Buy Or Sell A Financial Advisory Practice
Authors: Mark C. Tibergien, Owen Dahl
1st Edition
1576601749, 978-1576601747
