Using Treasury Quotes Locate the Treasury bond in Figure 5.4 that matures in August 2028....

Using Treasury Quotes Locate the Treasury bond in Figure 5.4 that matures in August 2028. What is its coupon rate? What is its bid price? What was the previous day’s asked price?

FIGURE 5.4

Sample Wall Street Journal U.S. Treasury Bond Prices

Source: Reprinted by permission of The Wall Street Journal, via Copyright Clearance Center © 2009 Dow Jones and Company, Inc., October 26, 2012. All Rights Reserved Worldwide.