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 77 6.052 6.143 Maturity Month/Year May 32 May 37 May 47 Coupon rate Asked Bid 103.5410 103.6288 104.4900 104.6357 77 77 In the above table, find the Treasury bond that matures in May 2032. 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. Change Ask Yield +.3248 2.249 77 +.4245 +.5353 3.951 2.80%
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 77 6.052 6.143 Maturity Month/Year May 32 May 37 May 47 Coupon rate Asked Bid 103.5410 103.6288 104.4900 104.6357 77 77 In the above table, find the Treasury bond that matures in May 2032. 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. Change Ask Yield +.3248 2.249 77 +.4245 +.5353 3.951 2.80%
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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