Question: Locate the Treasury issue in Figure 7 . 5 maturing in May 2 0 4 0 . Assume a par value of $ 1 0

Locate the Treasury issue in Figure 7.5 maturing in May 2040. 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.)
 Locate the Treasury issue in Figure 7.5 maturing in May 2040.

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