You find the following Treasury bond quotes. lo calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 5.952 6.133 Maturity Month/Year Coupon rate May 30 May 35 May 45 Bid 103.5384 104.4874 ?? Asked 103.6262 % 104.6331 ?? Change Ask Yield +.3222 +.4221 +.5327 In the above table, find the Treasury bond that matures in May 2030. What is the coupon rate for this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 2.209 ?? 3.911
You find the following Treasury bond quotes. lo calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 5.952 6.133 Maturity Month/Year Coupon rate May 30 May 35 May 45 Bid 103.5384 104.4874 ?? Asked 103.6262 % 104.6331 ?? Change Ask Yield +.3222 +.4221 +.5327 In the above table, find the Treasury bond that matures in May 2030. What is the coupon rate for this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 2.209 ?? 3.911
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
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Transcribed Image Text:You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All
of the bonds have a par value of $1,000 and pay semiannual coupons.
Rate
??
5.952
6.133
Maturity
Month/Year
May 30
May 35
May 45
Coupon rate
Bid
103.5384
104.4874
??
Asked
103.6262
104.6331
??
%
Change
+.3222
+.4221
+.5327
In the above table, find the Treasury bond that matures in May 2030. What is the coupon rate for this bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Ask Yield
2.209
??
3.911
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