Locate the Treasury issue in Figure $5\mathrm{.}4$ maturing in November $2041.$ Assume a par value

of $$1,000.$

a$.$ What is its coupon rate? $($Do not round intermediate calculations and enter your

answer as a percent rounded to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

b$.$ What is its bid price in dollars? $($Do not round intermediate calculations and round

your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

c$.$ What was the previous day's asked price in dollars? $($Do not round intermediate

calculations and round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

Answer is complete but not entirely correct.FIGURE $5\mathrm{.}4$ Sample Wall Street Journal U$.$S$.$ Treasury Bond

Prices

Source:

www$.$wsj$.$com, January $3,2019.$