Question: FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Asked Yield Maturity S/15/2020 Coupon 8.75 25 Asked 103.184

FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Asked Yield Maturity S/15/2020 Coupon 8.75 25 Asked 103.184 1.649 1.661 12/31/2020 Bid 103.18 100.294 98 304 100.05 101.096 Chg -0,022 -0.006 0.102 0.008 9/30/2021 1.125 1.684 4/30/2022 1.75 1003 98 31 100.054 101,102 100.046 102 12/31/2022 2.125 0.002 0.006 1.679 1.69 1.702 1.75 100.042 102.194 2.5 1.698 1.25 98.114 98.12 1.703 2 101.042 0.002 0.004 -0.006 0.004 -0.004 101.036 101.066 103.202 1.735 1.719 2 101.072 103206 1.765 2.5 3 -0.002 6.5 106,216 130.21 132.18 1814 1821 1.85 1919 1947 6.375 2.625 5.375 45 5 1/31/2023 3/31/2023 7/31/2023 4/30/2024 5/31/2024 1/31/2025 10/31 2025 11/15 2026 8/15/2027 2/15/2029 2/15/2031 2/15/2036 2/15/2037 5/15/2038 2/15/2039 5:15:2040 8/15/2041 8/15/2042 11/15/2042 2/15/2043 S/15/2043 8/15/2014 11/15/2045 2/15/2046 5/15/2047 8/15/2019 2.108 45 -0.030 -0.022 -0.008 -0.036 -0.770 -0.094 -0,074 -0.076 -0.078 -0.786 -0.080 -0,082 35 106.212 130.2 132.17 105 296 134 14 132 23 14122 135.026 119.214 134.034 123.23 106 094 106,082 113 108.152 113.116 111.136 101 174 111 25 96.16 4.375 3.75 2.75 2.75 3.125 2.875 3.125 105.306 134.16 13225 141 24 136 046 119.234 135.054 123.25 106.114 106,102 113.02 1008. 172 113.136 111.156 101 194 111 27 96.18 2.131 2.182 2.233 2.28 2.348 2386 -2.391 2.39 2398 2.402 2.103 2.417 2.409 2.413 3 -0.760 -0.094 -0.078 -0.080 -0.080 --0.760 -0.074 25 3 2.25 Tyne here to search Problem 7-16 Using Treasury Quotes (LO2] Locate the Treasury issue in Figure 7.5 maturing in February 2029. Assume a par value of $10,000 a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) es % a. Coupon rate b. Bid price c. Previous day's price
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
