You find the following Treasury bond quotes. To calculate the number of years until maturity of...
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You find the following Treasury bond quotes. To calculate the number of years until maturity of the bonds have a par value of $1,000 and pay semiannual coupons. 9:45 Rate ?? 6.302 6.168 Maturity Month/Year May 37 Bid 103.5353 May 42 May 52 104.4965 ?? Asked 103.5475 104.6422 ?? Change Ask Yield +.3028 6.019 +.4305 +.5418 ?? 4.051 a. In the above table, find the Treasury bond that matures in May 2052. What is the asked p Note: Do not round intermediate calculations and round your answer to 2 decimal pla b. If the bid-ask spread for this bond is .0657, what is the bid price in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal pla a. Asked price b. Bid price You find the following Treasury bond quotes. To calculate the number of years until maturity of the bonds have a par value of $1,000 and pay semiannual coupons. 9:45 Rate ?? 6.302 6.168 Maturity Month/Year May 37 Bid 103.5353 May 42 May 52 104.4965 ?? Asked 103.5475 104.6422 ?? Change Ask Yield +.3028 6.019 +.4305 +.5418 ?? 4.051 a. In the above table, find the Treasury bond that matures in May 2052. What is the asked p Note: Do not round intermediate calculations and round your answer to 2 decimal pla b. If the bid-ask spread for this bond is .0657, what is the bid price in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal pla a. Asked price b. Bid price
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