Question: Problem 7-16 Using Treasury Quotes [LO2] Locate the Treasury issue in Figure 7.5 maturing in November 2045. Assume a par value of $10,000. a. What

Problem 7-16 Using Treasury Quotes [LO2]

Locate the Treasury issue in Figure 7.5 maturing in November 2045. Assume a par value of $10,000.

a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.)
b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What was the previous days asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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