Use the following information from treasury note & bond table
Locate the Treasury issue in Figure 6.3 maturing in February 2026. Assume a par value of $1,000.
What is its coupon rate?
What is its bid price in dollars?
What was the previous day's asked price in dollars?
This question calls for a basic understanding a bond, which is a financial security that represents a debt obligation between a company or government and an investor/lender.
Answer and Explanation: 1
The coupon rate is provided as 6.000%.
The bid price (in dollars) is $1,413.91 (141.3906/100 * $1,000 = $1,413.91).
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fromChapter 10 / Lesson 7
Learn about bond relationships. Read a definition of a secured bond. See a comparison between secured vs unsecured bonds, and term bonds vs serial bonds.