ZuoTi.Pro
Question

How do you calculate the asked Price? Todays date: 08/30/2019 Maturity: 08/31/2019 Coupon: 1 Bid: 99.3100...

How do you calculate the asked Price?

Todays date: 08/30/2019

Maturity: 08/31/2019
Coupon: 1
Bid: 99.3100
Asked: 99.314
Change -0.002
Asked Yield: 6.83

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

Homework Answers

Answer #1

Asked price:

= $1,000×Price quote

= $1,000×99.314%

= $993.14

Hence, asked price is $993.14

0 0
Add a comment
Know the answer?
Add Answer to:
How do you calculate the asked Price? Todays date: 08/30/2019 Maturity: 08/31/2019 Coupon: 1 Bid: 99.3100...
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

  • Practice 3: Bond market 1. What were the bid price, asked price, and yield to maturity...

    Practice 3: Bond market 1. What were the bid price, asked price, and yield to maturity of the 5.000 % May 15th, 2037 Treasury bond displayed in Figure below? What was its asked price the previous day? If 30 days have passed since the last coupon payment, what is the sale, or invoice, price of the bond? U.S. Government Bonds and Notes ASK YLD MATURITY COUPON BID ASKED CHG 107:11 107:11-2 0.7792 -2 0.8303 -3 0.8186 -3 0.8118 - 0.9008...

  • 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

  • Question 3 (10 points) I. What were the bid price, asked price, and yield to maturity...

    Question 3 (10 points) I. What were the bid price, asked price, and yield to maturity of the 5.125% June 30th. 201 1 Treasury bond displayed in Figure below? 2. What was its asked price the previous day? 3. If 30 days have passed since the last coupon payment, what is the sale, or invoice, price of the bond? U.S. Government Bonds and Notes ASK MATURITY COUPON BID ASKED CHG YLD Jun 30 1 5.125 107:11 01 2 0.7792 Jul...

  • The spreadsheet shows you how to calculate invoice price for 6-year maturity bond with a coupon r...

    The spreadsheet shows you how to calculate invoice price for 6-year maturity bond with a coupon rate of 2.25% (paid semiannually). The market interest rate given is 7.9%. Now, please modify the spreadsheet and calculate invoice price of bond with 6.25% coupon (paid semiannually), settlement date July 31,2012, maturity date May 15, 2030, YTM 7.9%.                                                 2.25% coupon bond,                                                     maturing July 31, 2018                 Formula in column B                         Settlement date                                     7/31/2012                     =DATE(2012,7,31) Maturity date                                        7/31/2018                     =DATE(2018,7,31) Annual coupon rate                               0.0225 Yield to...

  • 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...

  • LISTING OF TREASURY ISSUES MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 May 15,...

    LISTING OF TREASURY ISSUES MATURITY COUPON BID ASKED May 15, 2018 1.000 100.3984 100.4141 May 15, 2019 0.875 99.8125 99.8281 Feb 15, 2021 7.875 130.5781 130.5938 Aug 15, 2025 2.000 102.2813 102.2969 May 15, 2030 6.250 152.3984 152.4609 Nov 15, 2041 3.125 111.7891 111.8203 May 15, 2046 2.500 97.9922 98.0234 ASKED YLD CHG TO MAT -0.0859 0.791 -0.0859 0.933 -0.2656 1.225 -0.3438 1.730 -0.7969 1.950 -0.8750 2.496 -0.9063 2.595 Figure 2.3 Listing of Treasury bonds and notes Source: Compiled from...

  • A bond has the following terms: January 1, 2000, settlement date January 1, 2020, maturity date...

    A bond has the following terms: January 1, 2000, settlement date January 1, 2020, maturity date 10 percent semiannual coupon 12 percent yield $100 redemption value Frequency is semiannual 30/360 basis =PRICE("1/1/2000","1/1/2020",10%,12%,100,2,0)=84.954 Bond Problems 1. Calculate the price of a 20-year 10% coupon bond with a par value of $1,000. The bond should be price to provide a yield to maturity of 11%. Interest payments are paid semiannually. 2. Calculate the price of a 20-year 10% coupon bond with a...

  • What would be the price of a zero coupon 30-maturity bond that provides a yield to...

    What would be the price of a zero coupon 30-maturity bond that provides a yield to maturity of 4%? What will happen to the price of this bond if the yield to maturity of this bond increased to 6%? Compute the percentage change in the price.

  • a. What is the difference between coupon rate and yield to maturity? How do you use...

    a. What is the difference between coupon rate and yield to maturity? How do you use the coupon rate to calculate the periodic payment received from a bond? b. What is the price of a bond that is currently trading at a yield of 10% and has a face value of $1,000? This bond still has exactly 5 years to maturity. This bond pays semi-annual coupon at an annual rate of 8% (i.e., each coupon is 4%). Show how you...

  • How to calculate coupon bond's Yields to Maturity? Table 1 Yields to Maturity on a 10%-coupon-Rate...

    How to calculate coupon bond's Yields to Maturity? Table 1 Yields to Maturity on a 10%-coupon-Rate Bond Maturing in Ten Years (Face Value = $1,000) Price of Bond (s) Yield to Maturity (%) 1,200 1,100 7.13 8.48 10.00 1,000 900 11.75 800 13.81

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