You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000.

RateMaturity Mo/Yr Bid Asked Chg Ask Yld

?? May 18 103.5605 103.5483 +.3158 6.219

5.774 May 23 104.5095 104.6552 +.4425 ??

6.218 May 33 ?? ?? +.5548 4.251

In the above table, find the Treasury bond that matures in May 2033. What is the asked price of this bond in dollars?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Asked price?$

If the bid-ask spread for this bond is .0602, what is the bid price in dollars?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Bid price?$

References