Locate the Treasury bond in Figure 8.5 maturing in November 2041. Is this a premium or a

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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 8.5Maturity 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

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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