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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2 0 2 2

You find the following Treasury bond quotes. To calculate the number of years until
maturity, assume that it is currently May 2022. All of the bonds have a par value of
$1,000 and pay semiannual coupons.
a. In the above table, find the Treasury bond that matures in May 2044. What is the
asked price of this bond in dollars?
Note: Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.
b. If the bid-ask spread for this bond is .0545, what is the bid price in dollars?
Note: Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.
a. Asked price
b. Bid price
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