Question

Refer to the T-note and T-bond quotes in Table 6–1.

a. What is the asking price on the 1.625 percent June 2020 T-bond if the face value of the bond is $10,000?

b. What is the bid price on the 0.625 percent July 2017 T-note if the face value of the bond is $10,000?

(For all requirements, round your answers to 2 decimal places. (e.g., 32.16))

The Ask price b. The Bid price

0.296 TABLE 6-1 Treasury Note and Bond Quote Treasury Notes and Bonds Monday, May 23, 2016 Treasury note and bond data are re

0.837 0.848 unch. -0.0078 0.0234 -0.0156 -0.0156 -0.0078 0.839 0.853 0.849 0.857 0.989 1.028 1.024 -0.0234 -0.0156 -0.0313 -0

0.95 1.66 U.S. zero-coupon STRIPS allow investors to hold the interest and principal components of eligible Treasury notes an

0.92 97.918 97.769. 91.080 83.742 82.949 97.940 97.794 91.134 83.820 83.289 -0.019 -0.025 0.00 0.072 0.069 0.89 1.56 1.87 1.8

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Answer #1

a) The Ask price $ 10,137.50 =10000*101.375% b) The Bid price $ 9,978.91 -10000*99.7891%

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