You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. ed Rate ?? 5.524 6.193 Maturity Month/Year May 32 May 37 May 47 Bid 103.5418 104.5030 ?? Asked 103.5540 104.6487 ?? Change +.3093 +.4365 +.5483 Ask Yield 6.119 ?? 4.151 ces a. In the above table, find the Treasury bond that matures in May 2047. What is the asked price of this bond in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If the bid-ask spread for this bond is .0566, what is the bid price in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Asked price b. Bid price You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. ed Rate ?? 5.524 6.193 Maturity Month/Year May 32 May 37 May 47 Bid 103.5418 104.5030 ?? Asked 103.5540 104.6487 ?? Change +.3093 +.4365 +.5483 Ask Yield 6.119 ?? 4.151 ces a. In the above table, find the Treasury bond that matures in May 2047. What is the asked price of this bond in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If the bid-ask spread for this bond is .0566, what is the bid price in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Asked price b. Bid price
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