What is the asked price of bond in dollars

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To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and pay semiannual coupons.

a. In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars?

b. If the bid-ask spread for this bond is .0628, what is the bid price in dollars?

Reference no: EM132503901

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