C Not secure ezto.mheducation.com/hm.tpx connect FINANCE Corporate Finance: Fina

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C Not secure ezto.mheducation.com/hm.tpx connect FINANCE Corporate Finance: Finance F term 2 Question 8 (of 25) value 700 points Locate the Treasury bond in Eigure 8.4 maturing in November 2022 Assume a par value of $20,000 What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, eg, 32.161.) What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Bid price What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16 Previous day's asked price O Type here to search

Explanation / Answer

1:Coupon rate of the bill = 7.625%

2: Bid price in dollars= 141.2891%*20000 = 28257.82

3: Previous days asked price= 141.3047%*20000= $28260.94

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