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Refer to Figure 23 and look at the Treasury bond maturing in May 2030. a. How much would you have to pay to purchase one of these bonds? (Do not round intermediate cald to 3 decimal places.) Price paid ed b. What is its coupon rate? (Round your answer to 3 decimal places.) ces Coupon rate c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your an Yield to maturityF 1 of 4 Next
Cengage LISTING OF TREASURY ISSUES ASKED YLD MATURITY COUPON BID May 15, 2018 1.000 100.3984 100.4141-0.0859 0.791 May 15, 2019 0.875 998125 99.8281 -0.0859 0.933 Feb 15, 2021 7.875130.5781 130.5938 -0.2656 1.225 Aug 15, 2025 2.000 102.2813 102.2969 -0.3438 1.730 May 15, 2030 6.250 152.3984 152.4609 -0.7969 1.950 Nov 15, 2041 3.125 111.7891 111.8203 -08750 2.496 May 15, 2046 2.500 97.9922 98.0234 0.9063 2.595 ASKED CHG TO MAT Figure 2.3 Listing of Treasury bonds and notes Sourcer Compled from data obtained torm The worSteet kura, Oine, Muy es. 20t6
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Answer #1
price paid for a Treasury bond Asked price is the price at which bond is purchased and seller is ready to sale 1000*152.4609% 1524.609
coupon rate coupon rate = 6.25% 6.25%
YTM on asked price 1.95%
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