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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 2022. All of

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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 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 6.202 6.158 Maturity Month/Year May 35 May 40 May 50 Bid 103.5327 104.4939 ?? Asked 103.5449 104.6396 ?? Change +.3287 +.4281 +.5392 Ask Yield 5.979 ?? 4.011 a. In the above table, find the Treasury bond that matures in May 2050. 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 .0651, 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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