Question: Please show processes and formulas without using Excel Locate the Treasury bond in Figure 8.5 maturing in May 2049 . Assume a par value of

 Please show processes and formulas without using Excel Locate the Treasury

Please show processes and formulas without using Excel

Locate the Treasury bond in Figure 8.5 maturing in May 2049 . Assume a par value of $20,000 Is this a premium or a discount bond? Discount bond Premium bond a. What is its current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is its yield to maturity? (Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) c. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Locate the Treasury bond in Figure 8.5 maturing in May 2049 . Assume a par value of $20,000 Is this a premium or a discount bond? Discount bond Premium bond a. What is its current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is its yield to maturity? (Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) c. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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