A Treasury bond is quoted as 99.7325 asked and 99.4289 bid. What is the bid-ask spread...
A Treasury bond is quoted as 99.7325 asked and 99.4289 bid. What is the bid-ask spread in dollars on a $500,000 face value bond?
A. $862.50
B. $1,267.50
C. $1,275.25
D. $1,518.00
Homework Answers
Bid-Ask Spread = (99.7325 - 99.4289)(500,000/100)
Bid-Ask Spread = $1,518
So,
Option D is correct.
Add Answer to:
A Treasury bond is quoted as 99.7325 asked and 99.4289 bid. What
is the bid-ask spread...
A Treasury issue is quoted at 103.51525 bid and 103.575 ask. Assume a face value of...
A Treasury issue is quoted at 103.51525 bid and 103.575 ask. Assume a face value of $1,000. What is the least you could pay to acquire a bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
A $1,000 face value bond has a bid quote of $101.254 and a bid-ask spread of...
A $1,000 face value bond has a bid quote of $101.254 and a bid-ask spread of 0.241. What price must you pay to purchase this bond? Ignore any accrued interest or trading costs. Show work.
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 23 103.5527 103.5405 +.3080 6.099 5.474 May 28 104.5017 104.6474 +.4353 ?? 6.188 May 38 ?? ?? +.5470 4.131 In the above table, find the Treasury bond that matures in May 2038. What is the asked price of this bond...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Maturity Mo/Yr Ask Yld Rate ?? Bid Chg +.3093 +4365 +.5483 Asked May 21 May 26 May 36 103.5540 104.5030 ?? 103.5418 6.119 104.6487 ?? 5.524 ?? 6.193 4.151 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond...
Given the following listing for a Treasury note, calculate the bid-ask spread. Coupon Maturity Mo /...
Given the following listing for a Treasury note, calculate the bid-ask spread. Coupon Maturity Mo / Yr May 2025 Asked 108.1081 Change +1 Yield 3.86 6.5 107.9601
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 24 May 29 May 39 Ask Yld 6.159 Bid Asked Chg 103.5566 103.5444 - 3119 104.5056 104.6513 +4389 5.624 6.203 ?? ?? +55094191 a. In the above table, find the Treasury bond that matures in May 2039. What is the asked price of this bond...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 23 Bid Asked 103.5384 103.5262 Ask Chg Yld +.3222 5879 ?? 104.4874 5.952 May 28 104.6331 +4221 ?? 3.911 6.133 May 38 ?? ?? +.5327 a. In the above table, find the Treasury bond that matures in May 2038. What is the asked price of...
Problem 6-29 Bond Prices [LO 2] You find the following Treasury bond quotes. To calculate the...
Problem 6-29 Bond Prices [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 26 103.5527 103.5405 +.3080 6.099 5.474 May 31 104.5017 104.6474 +.4353 ?? 6.188 May 41 ?? ?? +.5470 4.131 a. In the above table, find the Treasury bond that matures in May 2041....
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 28 103.5501 103.5379 +.3054 6.059 5.374 May 33 104.4991 104.6448 +.4329 ?? 6.178 May 43 ?? ?? +.5444 4.091 a. In...
Problem 6-29 Bond Prices [LO 2] You find the following Treasury bond quotes. To calculate the...
Problem 6-29 Bond Prices [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that tis currenty May 2016. The bonds have a par value of $1,000. Ask Yid Maturity Bid Asked Chg Mo/Yr May 21 103.5566 103.5444+3119 6.159 Rate 5.624 May 26104.5056 104.6513 +4389 6.203 May 36 2? +.55094.191 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Maturity Mo/Yr Ask Yld Rate ?? Bid Chg +.3093 +4365 +.5483 Asked May 21 May 26 May 36 103.5540 104.5030 ?? 103.5418 6.119 104.6487 ?? 5.524 ?? 6.193 4.151 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond...
Given the following listing for a Treasury note, calculate the bid-ask spread. Coupon Maturity Mo / Yr May 2025 Asked 108.1081 Change +1 Yield 3.86 6.5 107.9601
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 24 May 29 May 39 Ask Yld 6.159 Bid Asked Chg 103.5566 103.5444 - 3119 104.5056 104.6513 +4389 5.624 6.203 ?? ?? +55094191 a. In the above table, find the Treasury bond that matures in May 2039. What is the asked price of this bond...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 23 Bid Asked 103.5384 103.5262 Ask Chg Yld +.3222 5879 ?? 104.4874 5.952 May 28 104.6331 +4221 ?? 3.911 6.133 May 38 ?? ?? +.5327 a. In the above table, find the Treasury bond that matures in May 2038. What is the asked price of...
Problem 6-29 Bond Prices [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that tis currenty May 2016. The bonds have a par value of $1,000. Ask Yid Maturity Bid Asked Chg Mo/Yr May 21 103.5566 103.5444+3119 6.159 Rate 5.624 May 26104.5056 104.6513 +4389 6.203 May 36 2? +.55094.191 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in...
Most questions answered within 3 hours.
-
The chemical formula for any CFC, HCFC, or HFC can be obtained
by adding 90 to...
asked 1 minute ago -
Using c# visual studio
Game of Life
The Game of Life program assignment follows the material...
asked 2 minutes ago -
True or false
Andrea owes Joe $75,
due on Monday. She cannot get him the money...
asked 8 minutes ago -
Find and Sketch 6 point circular convolution of two sequences;
N=6
x[n] = [1,2,3,4]
h[n]= [0,0,1,0]
asked 9 minutes ago -
Sunshine Company only produced one product and has the following
costs:
Number of units produced each...
asked 17 minutes ago -
What must her minimum speed be just as she leaves the top of the
cliff so...
asked 22 minutes ago -
10.2 Calculate the energy that must be absorbed in stopping a
100 tonne airbus airliner travelling...
asked 26 minutes ago -
Q3- What are the pro’s and con’s of using a web farm?
Please no hand
writing,...
asked 32 minutes ago -
For a nonpolar solute, why does the mobile phase strength
increase as the solvent becomes less...
asked 37 minutes ago -
The times per week a student uses a lab computer are normally
distributed, with a mean...
asked 44 minutes ago -
Discuss the topic of Health Care as a right or a
privilege. Articulate both sides? What...
asked 56 minutes ago -
M (OH)2 has Ksp =6.85x10^-12.
part A: what is the solubility of M (OH)2 in
water?...
asked 55 minutes ago