Locate the Treasury bond in Figure 5.4 that matures in August 2039. Is this a premium or a discount bond? What is its current yield? What is its yield to maturity? What is the bid-ask spread in dollars? Assume a $1,000 par value.

In figure 5.4

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Treasury Bonds Asked Maturity 3/31/2016 1/31/2017 4/15/2018 4/30/2018 Chg yleld Coupon Bld Asked 2.375 100.1953 100.2109 -0.0313 0.34 0.875 100.2813 100.2969 0.0078 0.558 0.75 0.779 99.9219 99.9375 -0.0547 0.625 99.6328 99.6484 -0.0703 0.787 5/15/2019 5/31/2020 6/30/2021 8/15/2022 8/15/2023 11/15/2024 8/15/2025 2/15/2026 2/15/2027 8/15/2028 2/15/2029 5/15/2030 2/15/2031 2/15/2036 3.125 106.8984 106.9141 -0.0625 0.945 1.375 100.8594 100.875 -0.0625 1.164 2.125 104.1563 104.1719 0.0156 1.315 7.25 135.8906 135.9063 -0.0313 1.429 2.5 106.8125 106.8281 0.0625 1.531 2.25 104.5078 104.5234 0.125 1.69 1.705 6.875 145.0703 145.0859 0.0469 1.625 98.875 98.8906 0.1172 1.747 1.804 6.625 147.7656 147.8281 0.1094 5.5 139.5156 139.5781 0.1406 1.919 5.25 137.6094 137.6719 0.1328 1.951 152.7969 6.25 152.7344 0.1641 1.975 143.5625 1.992 5.375 143.625 0.2422 4.5 138.2656 138.3281 0.3906 2.134 4.75 2/15/2037 142.6641 142.7266 0.3594 2.197 2/15/2038 8/15/2039 5/15/2040 11/15/2041 0.4375 4.375 136.2188 136.2813 2.269 138.125 4.5 138.0625 0.4688 2.373 4.375 135.6797 135.7109 0.3984 2.419 3.125 112.1641 112.1953 0.4766 2.481 8/15/2042 2.75 104.0234 104.0547 0.5156 2.539 5/15/2044 3.375 116.7656 116.7969 0.5859 2.538 8/15/2045 11/15/2045 2/15/2046 2.875 105.6484 105.6797 0.5781 2.598 108.4844 3 108.5156 0.6016 2.588 2.5 97.8281 97.8594 0.5391 2.603