ZuoTi.Pro
Question

LISTING OF TREASURY ISSUES MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 May 15, 2019 0.875 99.8125 99.8281Refer to Figure 2.3. and look at the Treasury bond maturing in May 2019. a. How much would you have to pay to purchase one of

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answer a.

Par Value = $1,000
Asked Quote = 99.8281%

Price Paid = Par Value * Asked Quote
Price Paid = $1,000 * 99.8281%
Price Paid = $998.281

Answer b.

Coupon Rate = 0.875%

Answer c.

Yield to Maturity = 0.933%

0 0
Add a comment
Know the answer?
Add Answer to:
LISTING OF TREASURY ISSUES MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 May 15,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Refer to Figure 23 and look at the Treasury bond maturing in May 2030. a. How...

    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...

  • Problem 2-7 Check my work Refer to Figure 2.3 and look at the Treasury bond maturing...

    Problem 2-7 Check my work Refer to Figure 2.3 and look at the Treasury bond maturing in May 2019. a. How much would you have to pay to purchase one of these bonds? (Do not round Intermediate calculations. Round you answer to 3 decimal places.) Price paid b. What is its coupon rate? (Round your answer to 3 decimal places.) Coupon rate c. What is the yield to maturity of the bond? (Do not round intermediate calculations. Round your answer...

  • 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 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 24 103.5436 103.6314 +.3274 2.289 6.152 May 29 104.4926 104.6383 +.4269 ?? 6.153 May 39 ?? ?? +.5379 3.991 In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for 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. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 21 103.5540 103.6422 +.3093 2.449 5.524 May 26 104.5030 104.6487 +.4365 ?? 6.193 May 36 ?? ?? +.5483 4.151 In the above table, find the Treasury bond that matures in May 2021. What is the coupon rate for this bond?...

  • What is the Bid price? How do you find the previous day price? Locate the Treasury...

    What is the Bid price? How do you find the previous day price? Locate the Treasury issue in Figure 74 maturing in August 2025. Assume a par value of $10,000. a. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) your answer to 2 decimal places, e.g., 32.16.) calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is its bid price in dollars? (Do not round intermediate...

  • Problem 6-30 Coupon Rates (LO 2] You find the following Treasury bond quotes. To calculate the...

    Problem 6-30 Coupon Rates (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 May 30 Bid Asked 103.5475 103.6353 Ask Chg Yld +.3028 2219 May 35 104.4965 104.6422 +.4305 . ?? 6.302 6.168 May 45 ?? ?? ?? +.5418 +.5418 4.051 In the above table, find the Treasury bond that matures in May...

  • 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...

  • N. A Treasury Strip has the following price quotation on August 15, 2018: Maturity Bid Asked...

    N. A Treasury Strip has the following price quotation on August 15, 2018: Maturity Bid Asked 2028 Aug 15 59.040 59.060 What is the yield to maturity?

  • 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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT