Question
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
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.
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 18 | 103.5362 | 103.8235 | +.3204 | 2.180 |
| 5.850 | May 23 | 104.1762 | 104.3850 | +.4513 | ?? |
| 6.125 | May 36 | ?? | ?? | +.6821 | 3.870 |
In the above table, find the Treasury bond that matures in May 2018. What is the coupon rate for this bond?
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
