Question: On October 3, 2010, the 10 year treasury note has a bid price of 98:12, and an ask price of 98:20. The treasury note has
- On October 3, 2010, the 10 year treasury note has a bid price of 98:12, and an ask price of 98:20. The treasury note has a face value of $10,000, and a coupon rate of 5% made semiannually. The treasury note matures on October 2, 2020. What are the bid price, ask price, and bid-ask spread, respectively? What is the ask yield-to-maturity?
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