Locate the Treasury bond in Figure 8.5 maturing in November 2041. 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 par value of $10,000.

Figure 8.5

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Maturity Coupon Bid 7/15/2021 2.625 102.062 2/28/2022 1/15/2023 8/15/2024 9/30/2025 7/31/2026 1/31/2027 8/15/2028 2/15/2029 5/15/2030 8/15/2030 2/15/2031 2/15/2036 5/15/2038 11/15/2039 8/15/2040 11/15/2041 8/15/2042 Asked Chg 102.066 -0.002 1.125 101.146 101.152 -0.004 1.5 103.056 103.062 -0.016 2.375 108.162 108.166 -0.022 3 113.214 113.22 -0.042 1.875 108.262 108.266 1.5 106.282 106.286 2.875 118.116 118.126 5.25 139.054 0.625 99.316 0.625 5.375 148.094 153.074 158.102 4.375 158.036 158.056 1.125 99.266 99.286 3.125 137.004 137.024 2.75 129.304 5/15/2043 5/15/2044 8/15/2045 11/15/2046 2/15/2047 5/15/2049 8/15/2050 -0.03 -0.002 -0.03 -0.03 -0.72 -0.046 148.104 -0.086 153.094 -0.062 158.122 -0.082 -0.068 -0.016 -0.032 130.004 -0.718 2.875 132.136 132.156 3.375 143.092 143.112 2.875 133.186 2.875 134.234 4.5 4.5 139.064 100.006 99.246 99.256 -0.01 -0.008 133.206 -0.006 134.254 0.02 3 137.286 137.306 2.875 136.314 137.014 1.375 100.202 100.222 0.016 0.018 0.02 Asked Yld 0.134 0.15 0.159 0.219 0.293 0.368 0.412 0.517 0.515 0.623 0.645 0.606 0.824 0.922 1.031 1.131 1.151 1.193 1.231 1.256 1.294 1.304 1.301 1.321 1.347