Question: Q8 Problem 7-16 Using Treasury Quotes (LO2) Locate the Treasury issue in Eloute 25 maturing in January 2025. Assume a par value of $10,000 a.
Problem 7-16 Using Treasury Quotes (LO2) Locate the Treasury issue in Eloute 25 maturing in January 2025. Assume a par value of $10,000 a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, 9. 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 day's asked price in dollars? (Do not round Intermediate calculations and round your answer to 2 decimal places, Answer is complete but not entirely correct. % a. Coupon rate b. Bid price c. Previous day's price $ 6.250 13.402.40 13.513.20 $
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