Locate the Treasury issue in Figure 7.4 maturing in November 2016. Is this a note or a
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Locate the Treasury issue in Figure 7.4 maturing in November 2016. Is this a note or a bond? What is its coupon rate? What is its bid price? What was the previous day’s asked price?
FIGURE 7.4
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TREASURY BONDS, NOTES & BILLS Thursday, May 10, 2001 Representative Over-the-Counter quotation based on transactions of $1 million or RATE 5 8 more. Treasury bond, note and bill quotes are as of mid-afternoon. Colons in bid-and- asked quotes represent 32nds; 101:01 means 101 1/32. Net changes in 32nds. n-Treasury note. i-Inflation-Indexed issue. Treasury bill quotes in hundredths, quoted on terms of a rate of discount. Days to maturity calculated from settlement date. All yields are to maturity and based on the asked quote. Latest 13-week and 26-week bills are boldfaced. For bonds callable prior to maturity, yields are computed to the earliest call date for issues quoted above per and to the maturity date for issues below par. *When issued. Source: Telerate/Cantor Fitzgerald 434 8 3% 5 9 6 10 4% 6½ MATURITY MOYR BD ASKED CHG. 102:27 102:29 - 20 18:09 108:11 - 9 May 08 Aug 03-08 Nov 08 Nov 03-08 Jan 09 May 09 May 04-09 Aug 09 Nov 04-09 Jan 10 Feb 10 ASKED YLD. 5.13 4.45 24 97.09 97:11 19 109:25 19:27 16 3 104:30 104:31 10124 10126 22 11202 112/06 - 12 104.28 104:30 23 117:20 11724 18 4.82 107:28 107:29-3 3.20 108:11 108:13 5.29 5.18 4.56 3.14 5.22 4.73 5.25
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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