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Refer to the T-note and T-bond quotes in Table 6-1 a. What is the asking price on the 2.500 percent May 2046 T-bond if the fa
HW3 X > Table6-1 X Table- Mens Jac X N Mens Ne * N * W Saudi Ara * G Serwex education.com/Media/Connect_Production/bne/Saund
0.088 0.089 0.146 0.118 1.93 1.94 2.47 0.119 0.120 2025 May 15 2025 Aug 15 2035 May 15 2035 Nov 15 2036 Feb 15 2036 May 15 20
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Answer #1

1.
May 2046 corresponds to 2046 May 15
Ask=44.037% of par=44.037%*10000=4403.70

2.
February 2017 corresponds to 2/28/2017
Bid=100.1641% of par=100.1641%*10000=10016.41

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