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.)
Bid price is the maximum price a investor is offering whereas asked price is the minimum price a seller is asking.
Asked Price = Asked Quote * Face Value
Asked Price = 103.575% * $1,000
Asked Price = $1,035.75
So, you can pay a minimum sum of $1,035.75 to acquire this bond.
A Treasury issue is quoted at 103.51525 bid and 103.575 ask. Assume a face value of...
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...
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
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...
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...
236 points Locate the Treasury issue in Egure 6.3 maturing in November 2027. Assume a par value of $1,000 What is its coupon rate? (Do not round Intermediate calculations and enter your answer as a percent rounded to 3 decimal places, s. 32. 161.) Coupon rate What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 3 decimal places, ... 32.161.) Bid prices What was the previous day's asked price in dollars? (Do...
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 25 103.5501 103.5379 +.3054 6.059 5.374 May 30 104.4991 104.6448 +.4329 ?? 6.178 May 40 ?? ?? +.5444 4.091 In the above table, find the Treasury bond that matures in May 2040. What is the asked price of this bond...
A Treasury bond with the longest maturity (30 years) has an ask price quoted at 107.4375. The coupon rate is 3.00 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
A Treasury bond with the longest maturity (30 years) has an ask price quoted at 102.9375. The coupon rate is 3.90 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Consider the following three bond quotes: a Treasury note quoted at 96.719, a corporate bond quoted at 103.70, and a municipal bond quoted at 102.35. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Do not round intermediate calculations and round your final answers to 2 decimal places.) Treasury bond= Corporate bond= Municipal bond=