60.1K

Verified Solution

Link Copied!

Locate the Treasury bond in Figure 8.4 maturing in February 2040. Assume a par value of $20,000.

What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.)

Coupon rate

%

What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Bid price

$

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.)

Previous days asked price

$

Treasury Notes & Bonds Maturity 1/31/2015 2/15/2016 3/15/2017 3/31/2018 5/15/2019 8/15/2020 6/30/2021 11/15/2022 5/15/2023 11/15/2024 2/15/2025 8/15/2027 11/15/2028 2/15/2029 8/15/2029 5/15/2030 2/15/2031 2/15/2036 2/15/2037 5/15/2037 2/15/2038 8/15/2039 11/15/2039 2/15/2040 5/15/2040 8/15/2041 11/15/2041 2/15/2042 11/15/2042 2/15/2043 2/15/2044 11/15/2044 Coupon ng 2.250 100.2891 104.9219 99.9688 2.875 105.4844 3.125 106.8594 104.5156 101.1641 141.2891 97.1953 2.250 100.2656 7.625 149.4688 6.375 143.8281 133.2734 33.5625 6.125 145.2500 6.250 148.4531 5.375 138.1641 30.8203 4.750 135.2266 39.8594 128.2578 30.8672 4.375 128.7031 4.625 133.3516 29.0938 3.750 117.9063 105.5625 3.125 105.3125 97.6250 3.125 104.9453 3.625 114.9844 102.5156 00.3047 -0.0313 04.9531 -0.0391 99.9844 unch. 105.5000 106.8750 104.5313 101.1797 141.3047 97.2109 100.2813 0.1250 0.1719 0.2578 0.3594 0.3438 0.4453 0.5000 143.8906 133.3359 133.6250 145.3125 148.5156 138.2266 130.8828 35.2891 139.9219 128.3203 0.5625 0.6719 0.6875 0.5313 0.5391 0.5313 128.7344 133.3828 129.1250 117.9375 105.5938 105.3438 97.6563 104.9766 115.0156 102.5469 0.5391 0.5469 0.5703 0.5156 0.5703

Answer & Explanation Solved by verified expert

See Answer