Question: Problem 6-14 Using Treasury Quotes (LO 2] Locate the Treasury bond in Eigure 6.3 maturing in May 2047. Assume a $2,000 par value. a. Is
Problem 6-14 Using Treasury Quotes (LO 2] Locate the Treasury bond in Eigure 6.3 maturing in May 2047. Assume a $2,000 par value. a. Is this a premium or discount bond? b. 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.) c. 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.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) % a. Premium/Discount b. Current yield c. Yield to maturity d. Bid-ask spread % Problem 6-14 Using Treasury Quotes (LO 2] Locate the Treasury bond in Eigure 6.3 maturing in May 2047. Assume a $2,000 par value. a. Is this a premium or discount bond? b. 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.) c. 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.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) % a. Premium/Discount b. Current yield c. Yield to maturity d. Bid-ask spread %
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