Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. which statement is incorrect given the following t

Which statement is INCORRECT given the following Treasury quotes? 9/1/2033 5.750 148.6533 149.0013 -.8511...

70.2K

Verified Solution

Question

Finance

Which statement is INCORRECT given the following Treasury quotes?

9/1/2033 5.750 148.6533 149.0013 -.8511 2.985

A. Although this bond's coupon rate is 5.75%, its yield-to-maturity is only 2.985%.

B. The bid price is 148.6533% of par.

C. The dealer is willing to sell this bond to you for $1,490.013.

D. This bonds ask price on the previous trading day was lower than today's price by $8.511 (i.e., eight dollars and 51+ cents).

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which seedless vascular plant is heterosporous O Psilotum nudum Equisetum O None of these apply...

Biology
Q

I Definitions Using your textbook define each of the following cellular stages of interphase mitosis...

Biology
Q

neet prep by strings at A and B If the mass M is displaced slightly...

Physics
Q

Which of the following best describes the dilation i O i iii only O ii...

Geometry
Q

In which set s of numbers w real number integer

Basic Math
Q

Is the graphed function differentiable at x 1 Choose the correct answer below OA Yes...

Calculus
Q

(24 minutes) On January 1,2022, Glamour Incorporated sold 5-year, $2,400,000 bonds...

Accounting
Q

Enumere los siguientes documentos o registros en el orden en que normalmente se procesan con...

Accounting
Q

January 2022 Jeanne husband firs. in October 2022 Jeanne married Toby. Jeanne has no dependents....

Accounting
Q

Which of the following statements is true about a flexible budget? a.A flexible budget does...

Accounting
Q

Required information Use the following information for the Quick Study below. (Algo) ...

Accounting
Q

Required Informatlon [The following information applies to the questions displayed below.] Allied...

Accounting