Question: 4 . On October 3 , 2 0 0 7 , the 1 0 year treasury note has a bid price of 9 8 :

4. On October 3,2007, the 10 year treasury note has a bid price of 98:18, and an ask price of 98:28. The treasury note has a face value of $10,000, and a coupon rate of 6% made semiannually. The treasury note matures on October 2,2012. What are the bid price, ask price, and bid-ask spread, respectively? What is the ask yield-to-maturity?

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