FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Maturity 5/15/2020 12/31/2020 Coupon 8.75 23 1.125 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 1/31/2023 4/30/2024 3/31/2004 1/31/2025 10/31/2025 1.75 2.125 1.75 25 1.25 2 2 25 3 Bid 103.18 100.294 Chg Asked 103.184 -0.022 -0.006 100.3 98.31 0.102 100.054 101.102 0.002 100.046 0.006 102 0.002 98.12 0.004 101.042 -0.006 101.072 0.004 103.202 103.206 -0.004 106.212 106.216 -0.002 98.304 100.05 101.096 100042 102.194 98.114 101.036 -- 101.066 Asked Yield 1.649 1.661 1.684 0.008 1.679 1.69 1.702 1.698 1.703 1.735 1.719 1.765 1814 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 2.5 1.125 1.75 2.125 1.75 2.5 1.25 2 2 2.5 3 100.294 98.304 100.05 101.096 100,042 102.194 98.114 101.036 101.066 103.202 106.212 100.3 98.31 100.054 101.102 100.046 102 98.12 101.042 101.072 103.206 106.216 -0.006 0.102 0.008 0.002 0.006 0.002 0.004 -0.006 0.004 -0.004 -0.002
FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Maturity 5/15/2020 12/31/2020 Coupon 8.75 23 1.125 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 1/31/2023 4/30/2024 3/31/2004 1/31/2025 10/31/2025 1.75 2.125 1.75 25 1.25 2 2 25 3 Bid 103.18 100.294 Chg Asked 103.184 -0.022 -0.006 100.3 98.31 0.102 100.054 101.102 0.002 100.046 0.006 102 0.002 98.12 0.004 101.042 -0.006 101.072 0.004 103.202 103.206 -0.004 106.212 106.216 -0.002 98.304 100.05 101.096 100042 102.194 98.114 101.036 -- 101.066 Asked Yield 1.649 1.661 1.684 0.008 1.679 1.69 1.702 1.698 1.703 1.735 1.719 1.765 1814 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 2.5 1.125 1.75 2.125 1.75 2.5 1.25 2 2 2.5 3 100.294 98.304 100.05 101.096 100,042 102.194 98.114 101.036 101.066 103.202 106.212 100.3 98.31 100.054 101.102 100.046 102 98.12 101.042 101.072 103.206 106.216 -0.006 0.102 0.008 0.002 0.006 0.002 0.004 -0.006 0.004 -0.004 -0.002
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
The figure is listed in the first picture on the right we have the start of the list and on the left it is the figure continued second picture is the question to answer. Thank you

Transcribed Image Text:10 -
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FIGURE 7.5 Sample Wall Street Journal US. Treasury Note and Bond Prices
Treasury Notes and Bonds
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
3/31/2024
1/31/2025
10/31/2025
11/15/2026
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![Problem 7-17 Using Treasury Quotes [LO2]
Locate the Treasury bond in Figure 7.5 maturing in May 2038. Assume a $10,000 par
value.
a. Is this a premium or a discount bond?
b. What is its current yield? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is its yield to maturity? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
Mc
Graw
Hill
a. Premium or discount bond
b. Current yield
c. Yield to maturity
d. Bid-ask spread
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#3
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4
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Transcribed Image Text:Problem 7-17 Using Treasury Quotes [LO2]
Locate the Treasury bond in Figure 7.5 maturing in May 2038. Assume a $10,000 par
value.
a. Is this a premium or a discount bond?
b. What is its current yield? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is its yield to maturity? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
Mc
Graw
Hill
a. Premium or discount bond
b. Current yield
c. Yield to maturity
d. Bid-ask spread
@
2
#3
S4
$
4
%
%
%
5
< Prev
< 6
A
8 of 11
&
7
Next >
8
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