You find the following Treasury bond quotes. To calculate the number of years until maturity, assume tha it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 5.724 6.213 Maturity Month/Year May 36 May 41 May 51 Coupon rate Bid 103.5592 104.5082 ?? Asked 103.6474 104.6539 ?? Change +.3145 +.4413 +.5535 In the above table, find the Treasury bond that matures in May 2036. What is the coupon rate for this bond? % Ask Yield 2.529 ?? 4.231 Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume tha it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 5.724 6.213 Maturity Month/Year May 36 May 41 May 51 Coupon rate Bid 103.5592 104.5082 ?? Asked 103.6474 104.6539 ?? Change +.3145 +.4413 +.5535 In the above table, find the Treasury bond that matures in May 2036. What is the coupon rate for this bond? % Ask Yield 2.529 ?? 4.231 Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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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