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.

Rate	Maturity Month/Year	Bid	Asked	Change	Ask Yield
??	May 31	103.4651	103.5379	+.3054	6.059
5.374	May 34	104.4991	104.6448	+.4329	??
6.178	May 40	??	??	+.5444	4.091

In the above table, find the Treasury bond that matures in May 2034. What is your yield to maturity if you buy this bond?

Question 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.

Rate	Maturity Month/Year	Bid	Asked	Change	Ask Yield
??	May 29	103.5371	103.5249	+.3209	5.859
5.901	May 34	104.4861	104.6318	+.4209	??
6.128	May 44	??	??	+.5314	3.891

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.

If the bid-ask spread for this bond is .0631, 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.

question 3 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.

Rate	Maturity Month/Year	Bid	Asked	Change	Ask Yield
??	May 37	103.5605	103.6487	+.3158	2.549
5.774	May 42	104.5095	104.6552	+.4425	??
6.218	May 52	??	??	+.5548	4.251

In the above table, find the Treasury bond that matures in May 2037. What is the coupon rate for this bond?

question 4: You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons.

Company (Ticker)	Coupon	Maturity	Last Price	Last Yield	Estimated $ Volume (000s)
Xenon, Incorporated (XIC)	6.60	January 15, 2045	94.327	??	57,374
Kenny Corporation (KCC)	7.24	January 15, 2039	??	6.26	48,953
Williams Company (WICO)	??	January 15, 2041	94.855	7.08	43,814

What is the yield to maturity for the bond issued by Xenon, Incorporated?

question 5: You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons.

Company (Ticker)	Coupon	Maturity	Last Price	Last Yield	Estimated $ Volume (000s)
Xenon, Incorporated (XIC)	5.900	January 15, 2039	94.243	??	57,367
Kenny Corporation (KCC)	7.170	January 15, 2033	??	6.12	48,946
Williams Company (WICO)	??	January 15, 2035	94.785	6.94	43,807

What price would you expect to pay for the Kenny Corporation bond?

Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

What is the bonds current yield?

Question 6: You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2022. The bonds have a par value of $2,000 and semiannual coupons.

Company (Ticker)	Coupon	Maturity	Last Price	Last Yield	Estimated $ Volume (000s)
Xenon, Incorporated (XIC)	6.100	January 15, 2041	94.267	??	57,369
Kenny Corporation (KCC)	7.190	January 15, 2035	??	6.16	48,948
Williams Company (WICO)	??	January 15, 2037	94.805	6.98	43,809

What is the coupon rate for the Williams Company bond?

question 7: Bond P is a premium bond with a coupon rate of 8.6 percent. Bond D is a discount bond with a coupon rate of 4.6 percent. Both bonds make annual payments, a YTM of 6.6 percent, a par value of $1,000, and have eleven years to maturity.

What is the current yield for Bond P? For Bond D?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P? For Bond D?

Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.