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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 2019 and the bond
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 24 May 29 May 39 Ask Yld 6.159 Bid Asked Chg 103.5566 103.5444 - 3119 104.5056 104.6513 +4389 5.624 6.203 ?? ?? +55094191 a. In the above table, find the Treasury bond that matures in May 2039. 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.) b. If the bid-ask spread for this bond is .0581, what is the bid price in dollars? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) * Answer is not complete. $ 1.009.00 X Asked price Bid price b
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