FIGURE 7.5 Sample Wall Street Journal U.S. Treasury Note and Bond Prices Treasury Notes and Bonds Maturity 5/15/2020 12/31/2020 Coupon 8.75 23 1.125 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 1/31/2023 4/30/2024 3/31/2004 1/31/2025 10/31/2025 1.75 2.125 1.75 25 1.25 2 2 25 3 Bid 103.18 100.294 Chg Asked 103.184 -0.022 -0.006 100.3 98.31 0.102 100.054 101.102 0.002 100.046 0.006 102 0.002 98.12 0.004 101.042 -0.006 101.072 0.004 103.202 103.206 -0.004 106.212 106.216 -0.002 98.304 100.05 101.096 100042 102.194 98.114 101.036 -- 101.066 Asked Yield 1.649 1.661 1.684 0.008 1.679 1.69 1.702 1.698 1.703 1.735 1.719 1.765 1814 12/31/2020 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 7/31/2023 4/30/2024 5/31/2024 1/31/2025 10/31/2025 2.5 1.125 1.75 2.125 1.75 2.5 1.25 2 2 2.5 3 100.294 98.304 100.05 101.096 100,042 102.194 98.114 101.036 101.066 103.202 106.212 100.3 98.31 100.054 101.102 100.046 102 98.12 101.042 101.072 103.206 106.216 -0.006 0.102 0.008 0.002 0.006 0.002 0.004 -0.006 0.004 -0.004 -0.002

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The figure is listed in the first picture on the right we have the start of the list and on the left it is the figure continued second picture is the question to answer. Thank you
10 -
MMcGraw-Hill Connect
FIGURE 7.5 Sample Wall Street Journal US. Treasury Note and Bond Prices
Treasury Notes and Bonds
Maturity
5/15/2020
12/31/2020
9/30/2021
4/30/2022
12/31/2022
1/31/2023
3/31/2023
7/31/2023
4/30/2024
3/31/2024
1/31/2025
10/31/2025
11/15/2026
esc
Coupon
8.75
2.3
1.125
1.75
2.125
1.75
2.3
1.25
2
2
25
esc
.
4
8/15/2027
2/15/2029
2/15/201
2/15/2036
2/15/2037
3
65
6.375
2.625 105 296
5.375
134.14
45
132.23
5 141.22
5/15/2038
45 135.026
2/15/2039
35
119.214
5/15/2040 4375 134.034
8/15/2041
3.75 123.23
2.75 106.094
2.75
106.082
3.325
113
8/15/2042
11/15/2042
2/15/2043
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5/15/2043
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100.294
98.304
100.05
101.096
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98.114
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101.066
103.202
106.212
130.2
132.17
W
0
102
98.12
101.042 -0.006
101,072 0.004
103.206 -0.004
1.735
1.719
1.765
106.216 -0.002
1.814
-0.030
1.8 1
130.21
132.18
-0.022
1.85
105.306 -0.008
1.919
134.16 -0.036 1.947
2.108
2.131
132.25 -0.770
141.24 -0.094
136.046 -0.074
119.234 -0.076
135.054 -0.078
2.182
2.233
2.28
123.25 -0.786
106.114 -0.080
106.102 -0.082
113.02 -0.760
2.875 108.152 1008.172 -0.094
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103.184 -0.022
100.3 -0.006
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Yield
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11/15/2026
8/15/2027
2/15/2029
2/15/2031
2/15/2036
2/15/2037
5/15/2038
2/15/2039
5/15/2040
8/15/2041
8/15/2042
11/15/2042
2/15/2043
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Transcribed Image Text:10 - MMcGraw-Hill Connect FIGURE 7.5 Sample Wall Street Journal US. Treasury Note and Bond Prices Treasury Notes and Bonds Maturity 5/15/2020 12/31/2020 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 7/31/2023 4/30/2024 3/31/2024 1/31/2025 10/31/2025 11/15/2026 esc Coupon 8.75 2.3 1.125 1.75 2.125 1.75 2.3 1.25 2 2 25 esc . 4 8/15/2027 2/15/2029 2/15/201 2/15/2036 2/15/2037 3 65 6.375 2.625 105 296 5.375 134.14 45 132.23 5 141.22 5/15/2038 45 135.026 2/15/2039 35 119.214 5/15/2040 4375 134.034 8/15/2041 3.75 123.23 2.75 106.094 2.75 106.082 3.325 113 8/15/2042 11/15/2042 2/15/2043 M 5/15/2043 ! 1 Q A MYJU Students Q Bid 103.18 100.294 98.304 100.05 101.096 100.042 102.194 98.114 101.036 101.066 103.202 106.212 130.2 132.17 W 0 102 98.12 101.042 -0.006 101,072 0.004 103.206 -0.004 1.735 1.719 1.765 106.216 -0.002 1.814 -0.030 1.8 1 130.21 132.18 -0.022 1.85 105.306 -0.008 1.919 134.16 -0.036 1.947 2.108 2.131 132.25 -0.770 141.24 -0.094 136.046 -0.074 119.234 -0.076 135.054 -0.078 2.182 2.233 2.28 123.25 -0.786 106.114 -0.080 106.102 -0.082 113.02 -0.760 2.875 108.152 1008.172 -0.094 S Asked Chg 103.184 -0.022 100.3 -0.006 98.31 0.102 100.054 0.008 1.679 101.102 0.002 1.69 100.046 0.006 1.702 0.002 0.004 2 a 3 W 4 Asked Yield # 1.649 1.661 1.684 3 1.698 1.703 E +1 R 2348 2.386 2.391 2.39 2398 % 5 E ezto-cf-media.mheducation.com T A McGraw-Hill Connect 6 4 Y R & 7 5 U T b ^ 6 JU Home | J... A 5/15/2020 MacBook Pro 12/31/2020 9/30/2021 4/30/2022 12/31/2022 1/31/2023 3/31/2023 7/31/2023 4/30/2024 5/31/2024 1/31/2025 10/31/2025 11/15/2026 8/15/2027 2/15/2029 2/15/2031 2/15/2036 2/15/2037 5/15/2038 2/15/2039 5/15/2040 8/15/2041 8/15/2042 11/15/2042 2/15/2043 5/15/2043 8/15/2044 11/15/2045 2/15/2046 5/15/2047 8/15/2049 Y & 7 MYJU Stu.. 8.75 2.5 1.125 1.75 2.125 1.75 2.5 1.25 2 2 2.5 3 6.5 6.375 2.625 5.375 4.5 5 4.5 3.5 4.375 3.75 2.75 2.75 3.125 2.875 3.125 3 2.5 3 2.25 U 14 * 8 M McGraw- 103.18 100.294 98.304 100.05 101.096 100.042 102.194 98.114 101.036 101.066 103.202 106.212 130.2 132.17 105.296 134.14 132.23 141.22 135.026 119.214 134.034 123.23 106.094 106.082 113 108.152 113.116 111.136 101.174 111.25 96.16 1 ( Fei-media.mheducation.com ( 9 103.184 -0.022 -0.006 0.102 100.3 98.31 100.054 0.008 101.102 0.002 100.046 0.006 102 0.002 98.12 0.004 101.042 -0.006 101.072 0.004 103.206 -0.004 106.216 -0.002 130.21 -0.030 -0.022 132.18 105.306 -0.008 134.16 -0.036 132.25 -0.770 -0.094 -0.074 141.24 136.046 119.234 135.054 123.25 -0.076 -0.078 -0.786 106.114 -0.080 106.102 -0.082 113.02 -0.760 -0.094 1008.172 113.136 -0.078 111.156 -0.080 -0.080 -0.760 -0.074 101.194 111.27 96.18 S 1 0 McGraw- O P 1.703 1.735 1.719 1.765 1.814 1.821 1.85 1.919 1.947 2.108 2.131 2.182 2.233 2.28 2.348 2.386 2.391 2.39 2.398 2.402 2.403 2417 M Question.... 1.649 1.661 1.684 1.679 1.69 1.702 1.698 2.409 2413 ▶ f + = { [ . M https:/jez.... 1 delete
Problem 7-17 Using Treasury Quotes [LO2]
Locate the Treasury bond in Figure 7.5 maturing in May 2038. Assume a $10,000 par
value.
a. Is this a premium or a discount bond?
b. What is its current yield? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is its yield to maturity? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
Mc
Graw
Hill
a. Premium or discount bond
b. Current yield
c. Yield to maturity
d. Bid-ask spread
@
2
#3
S4
$
4
%
%
%
5
< Prev
< 6
A
8 of 11
&
7
Next >
8
C
Transcribed Image Text:Problem 7-17 Using Treasury Quotes [LO2] Locate the Treasury bond in Figure 7.5 maturing in May 2038. Assume a $10,000 par value. a. Is this a premium or a discount bond? b. What is its current yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is its yield to maturity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d. What is the bid-ask spread in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Mc Graw Hill a. Premium or discount bond b. Current yield c. Yield to maturity d. Bid-ask spread @ 2 #3 S4 $ 4 % % % 5 < Prev < 6 A 8 of 11 & 7 Next > 8 C
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