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