Problem 7-16 Using Treasury Quotes (LO2] Locate the Treasury issue in Figure 7.5 maturing in May 2040. Assume a par valu

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Problem 7 16 Using Treasury Quotes Lo2 Locate The Treasury Issue In Figure 7 5 Maturing In May 2040 Assume A Par Valu 1 (20.83 KiB) Viewed 51 times

Problem 7 16 Using Treasury Quotes Lo2 Locate The Treasury Issue In Figure 7 5 Maturing In May 2040 Assume A Par Valu 2 (61.95 KiB) Viewed 51 times

Problem 7-16 Using Treasury Quotes (LO2] Locate the Treasury issue in Figure 7.5 maturing in May 2040. Assume a par value of $10,000. a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) % a. Coupon rate b. Bid price c. Previous day's price

FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Asked Yield 1.649 Coupon 8.75 2.5 1.125 1.75 1.661 1.684 1.679 2.125 1.69 1.75 2.5 1.25 Bid 103.18 100.294 98.304 100.05 101.096 100.042 102.194 98.114 101.036 101.066 103.202 106.212 130.2 132.17 105.296 134.14 1.702 1.698 1.703 1.735 1.719 1.765 2 Asked 103.184 100.3 98.31 100.054 101.102 100.046 102 98.12 101.042 101.072 103.206 106.216 130.21 132.18 105.306 134.16 132.25 141.24 136.046 2 2.5 3 Maturity 5/15/2020 12/31/2020 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 7/31/2023 4/30/2024 5/31/2024 1/31/2025 10/31/2025 11/15/2026 8/15/2027 2/15/2029 2/15/2031 2/15/2036 2/15/2037 5/15/2038 2/15/2039 5/15/2040 8/15/2041 8/15/2042 11/15/2042 2/15/2043 5/15/2043 8/15/2044 11/15/2045 2/15/2046 5/15/2047 8/15/2049 1.814 6.5 6.375 2.625 Chg -0.022 -0.006 0.102 0.008 0.002 0.006 0.002 0.004 -0.006 0.004 -0.004 -0.002 -0.030 -0.022 -0.008 -0.036 -0.770 -0.094 -0.074 -0.076 -0.078 -0.786 -0.080 -0.082 -0.760 -0.094 -0.078 -0.080 -0.080 -0.760 -0.074 5.375 132.23 4.5 5 4.5 3.5 4.375 3.75 2.75 1.821 1.85 1.919 1.947 2.108 2.131 2.182 2.233 2.28 2.348 2.386 2.391 2.39 2.398 2.402 141.22 135.026 119.214 134.034 123.23 106.094 106.082 113 108.152 113.116 111.136 101.174 111.25 96.16 2.75 119.234 135.054 123.25 106.114 106.102 113.02 1008.172 113.136 111.156 101.194 111.27 96.18 3.125 2.875 3.125 3 2.5 2.403 2.417 2.409 3 2.25 2.413