Which statement is INCORRECT given the following Treasury quotes Maturity Coupon Bid Asked Chg Asked Yld 5 15 2030 6 250 150 7188 150 7500 8906 2 713 a This bond 's coupon rate is 6 25 b The asked price is $1,507 188 c The dealer is willing to sell this bond to you for 150 750 of par d This bond 's...

c The dealer is willing to sell this bon ...

Which statement is INCORRECT given the following Treasury quotes? Maturity Coupon Bid Asked Chg Asked Yld 5/15/2030

Question:

Which statement is INCORRECT given the following Treasury quotes?
Maturity Bid Asked Chg Asked Yld
5/15/2030 6.250 150.7188 150.7500 .8906 2.713
a. This bond's rate is 6.25%.
b. The asked price is $1,507.188.
c. The is willing to sell this bond to you for 150.750% of par.
d. This bond's ask price rose by $8.906 (i.e., eight dollars and 90 percents) from the previous trading day.
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...