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You find the following Treasury bond quotes. To calculate the number of years unti maturity, assume that it is currently May 2 0 1 9
You find the following Treasury bond quotes. To calculate the number of years unti maturity, assume that it is currently May and the bond has a parvalue of $
tableRatetableMaturityMoYrtableBidtableAskedtableChgtableAskYldMay May May
a In the above table, find the Treasury bond that matures in May What is the asked price of this bond in dollars? Do not round intermediate calculations and round your answer to decimal places, eg
b If the bidask spread for this bond is what is the bid price in dollars? Do not round intermediate calculations and round your answer to decimal places, eg
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