Problem $7-16$ Using Treasury Quotes $[$LO$2]$

Locate the Treasury issue in Figure $7\mathrm{.}5$ maturing in February $2031.$ Assume a par value of $$10,000.$

a$.$ What is its coupon rate?

Note: Enter your answer as a percent rounded to $3$ decimal places, e$.$g$.,32\mathrm{.}161.$

b$.$ What is its bid price in dollars?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

c$.$ What was the previous day's asked price in dollars?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$FIGURE $7\mathrm{.}5$ Sample Wall Street Journal U$.$S$.$ Treasury Note and Bond Prices

$\backslash$table$[[$Treasury Notes and Bonds,$],[$Maturity$,$Coupon,Bid,Asked,Chg$,\backslash$table$[[$Asked$],[$Yield$]],,],[5/15/2025,2\mathrm{.}750,96\mathrm{.}150,96\mathrm{.}154,-0\mathrm{.}006,4\mathrm{.}406,,],[7/31/2026,0\mathrm{.}625,88\mathrm{.}270,88\mathrm{.}274,-0\mathrm{.}020,4\mathrm{.}108,,],[5/15/2027,2\mathrm{.}375,93\mathrm{.}206,93\mathrm{.}212,-0\mathrm{.}036,4\mathrm{.}010,,],[4/30/2028,1\mathrm{.}250,87\mathrm{.}142,87\mathrm{.}152,-0\mathrm{.}064,3\mathrm{.}932,,],[1/31/2029,1\mathrm{.}750,88\mathrm{.}200,88\mathrm{.}210,-0\mathrm{.}080,3\mathrm{.}900,,],[11/15/2030,0\mathrm{.}875,80\mathrm{.}294,80\mathrm{.}304,-0\mathrm{.}788,3\mathrm{.}727,,],[2/15/2031,1\mathrm{.}125,82\mathrm{.}170,82\mathrm{.}180,-0\mathrm{.}102,3\mathrm{.}657,,],[5/15/2032,2\mathrm{.}875,93\mathrm{.}066,93\mathrm{.}076,-0\mathrm{.}136,3\mathrm{.}746,,],[11/15/2032,4\mathrm{.}125,102\mathrm{.}312,103\mathrm{.}002,-0\mathrm{.}834,3\mathrm{.}753,,],[2/15/2036,4\mathrm{.}500,108\mathrm{.}180,108\mathrm{.}190,-0\mathrm{.}910,3\mathrm{.}663,,],[2/15/2037,4\mathrm{.}750,111\mathrm{.}116,111\mathrm{.}126,-0\mathrm{.}940,3\mathrm{.}700,,],[2/15/2038,4\mathrm{.}375,106\mathrm{.}284,106\mathrm{.}294,-0\mathrm{.}942,3\mathrm{.}729,,],[5/15/2038,4\mathrm{.}500,108\mathrm{.}084,108\mathrm{.}094,-0\mathrm{.}946,3\mathrm{.}767,,],[8/15/2039,4\mathrm{.}500,108\mathrm{.}156,108\mathrm{.}166,-0\mathrm{.}974,3\mathrm{.}779,,],[8/15/2040,3\mathrm{.}875,100\mathrm{.}056,100\mathrm{.}066,-0\mathrm{.}966,3\mathrm{.}858,,],[11/15/2040,1\mathrm{.}375,67\mathrm{.}042,67\mathrm{.}052,-0\mathrm{.}210,3\mathrm{.}970,,],[2/15/2041,4\mathrm{.}750,111\mathrm{.}270,111\mathrm{.}280,-0\mathrm{.}962,3\mathrm{.}831,,],[8/15/2041,3\mathrm{.}750,97\mathrm{.}300,97\mathrm{.}310,-0\mathrm{.}944,3\mathrm{.}905,,],[2/15/2042,3\mathrm{.}125,88\mathrm{.}290,88\mathrm{.}300,-0\mathrm{.}920,3\mathrm{.}959,,],[5/15/2042,3\mathrm{.}000,86\mathrm{.}310,87\mathrm{.}000,-0\mathrm{.}912,3\mathrm{.}972,,],[2/15/2043,3\mathrm{.}125,88\mathrm{.}054,88\mathrm{.}064,-0\mathrm{.}248,3\mathrm{.}986,,],[5/15/2044,3\mathrm{.}375,91\mathrm{.}040,91\mathrm{.}050,-0\mathrm{.}274,3\mathrm{.}996,,],[8/15/2045,2\mathrm{.}875,83\mathrm{.}114,83\mathrm{.}124,-0\mathrm{.}966,4\mathrm{.}001,,],[2/15/2046,2\mathrm{.}500,77\mathrm{.}220,77\mathrm{.}230,-0\mathrm{.}954,3\mathrm{.}989,,],[8/15/2047,2\mathrm{.}750,81\mathrm{.}052,81\mathrm{.}062,-1\mathrm{.}000,3\mathrm{.}955,,],[11/15/2048,3\mathrm{.}375,91\mathrm{.}110,91\mathrm{.}120,-1\mathrm{.}034,3\mathrm{.}909,,],[8/15/2049,2\mathrm{.}250,73\mathrm{.}024,73\mathrm{.}034,-1\mathrm{.}002,3\mathrm{.}884,,],[5/15/2050,1\mathrm{.}250,56\mathrm{.}144,56\mathrm{.}154,-0\mathrm{.}946,3\mathrm{.}839,,],[2/15/2051,1\mathrm{.}875,66\mathrm{.}104,66\mathrm{.}114,-0\mathrm{.}968,3\mathrm{.}848,,],[11/15/2052,4\mathrm{.}000,103\mathrm{.}110,103\mathrm{.}130,-1\mathrm{.}074,3\mathrm{.}807,,]]$