Chat with us, powered by LiveChat IF THE BID-ASK SPREAD FOR THIS BOND IS TWO TICKS WHAT IS THE BID PRICE IN DOLLARS? | Writedemy

IF THE BID-ASK SPREAD FOR THIS BOND IS TWO TICKS WHAT IS THE BID PRICE IN DOLLARS?

IF THE BID-ASK SPREAD FOR THIS BOND IS TWO TICKS WHAT IS THE BID PRICE IN DOLLARS?

To calculate the Show more Please give me the correct answer and I will rate you! Please help! THank you!! To calculate the number of years until maturity assume that it is currently May 2010. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 18 106:16 106:20 +2 5.02 6.600 May 26 108:15 108:17 +4 ?? 5.390 May 36 ?? ?? +3 6.54 Requirement 1: In the abovetable find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars?(Do not include the dollar sign ($).Enter rounded answer as directed but do not use the rounded numbers in intermediate calculations.Round your answer to 2 decimal places (e.g. 32.16).) Asked price $ Requirement 2: If the bid-ask spread for this bond is two ticks what is the bid price in dollars?(Do not include the dollar sign ($).Enter rounded answer as directed but do not use the rounded numbers in intermediate calculations.Round your answer to 2 decimal places (e.g. 32.16).) Bid price $ Show less

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