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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 2 0 2 2
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May All of the bonds have a par value of $ and pay semiannual coupons.
tableMaturity,,,,RateMonthYearBid,Asked,Change,Ask YieloMay 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?
Note: 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?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
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