Question: ( Chapter Exercise 6 6) T-bond (par Value AED 1,000) quote is given below: Maturity Coupon Bid Ask Change Asked Yield 2030 September 2.5% 130:15

( Chapter Exercise 6 6) T-bond (par Value AED 1,000) quote is given below: Maturity Coupon Bid Ask Change Asked Yield 2030 September 2.5% 130:15 131:24 +1.3 3.5 A. Compute bid and ask price in dollars. Price quotes are in32nds as a percent of face value. B. If you bought the bond and then immediately sold it at the same quotes, how much money would you gain or lose (ignore commissions)

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