To calculate the number of years until maturity, assume that it is currently May 2022. All of

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To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a $1,000 par value and pay semiannual coupons. 

In the table, find the Treasury bond that matures in May 2038. What is the asked price of this bond in dollars? If the bid-ask spread for this bond is .0628, what is the bid price in dollars?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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