Question: 3. a. A 7-year US Treasury bond with a face value of $1000 has a dollar-based price of $865.64. Determine its quoted price using the

3.

a. A 7-year US Treasury bond with a face value of $1000 has a dollar-based price of $865.64. Determine its quoted price using the traditional 32nd quoting convention i.e. as WX : YZ

b. A 10-year US Treasury bond with a face value of $1000 has a dollar-based price of $652.08. Determine its quoted price using the traditional 32nd quoting-convention i.e. as WX : YZ

c. A 6-year US Treasury bond with a face value of $10,000 has a dollar-based price of $8,356.79. Determine its quoted price using the traditional 32nd quoting convention i.e. as WX : YZ

d. A 10-year US Treasury bond with a face value of $10,000 has a dollar-based price of $8,472.65. Determine its quoted price using the traditional 32nd quoting-convention i.e. as WX : YZ

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!