You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000.

Rate	Maturity Mo/Yr	Bid	Asked	Chg	Ask YLD
??	May 20	103.5579	103.5457	+.3132	6.179
5.674	May 25	104.5069	104.6526	+.4401	??
6.208	May 35	??	??	+.5522	4.211

In the above table, find the Treasury bond that matures in May 2035. What is the asked price of this bond in dollars?
Asked price            $
 
If the bid-ask spread for this bond is .0588, what is the bid price in dollars?

Answer rating: 100% (QA)

Calculation of Annual Coupon Rate of the Bond Par V... View the full answer