Question: Please show the work for the following problems. 1)a treasury bond with a 1000 par is quoted at a bid of 110.12 and an ask

Please show the work for the following problems.

1)a treasury bond with a 1000 par is quoted at a bid of 110.12 and an ask of 110.15.

a) $1,103.75

b) $1,104.69

c) $1,101.20

D) $1,101.50

E) None of the above

2) What is the quoted ask yield on a 12 year $1000 par treasury bond with a 5% coupon and a price quote of 106.22 is (use semiannual coumpounding) ?

a) 5.00%

b) 4.32%

c) 4.36%

d) 2.16%

e) 2.18%

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