The Treasury-Note Discussion Assignment Paper

Refer to the Treasury-note and Treasury-bond quotes in Table 6-1. a. What is the asking price on the$2.250$percent November 2024 Treasury-bond if the face value of the bond is$$10,000$? b. What is the bid price on the$0.875$percent September 2016 Treasury-note if the face value of the bond is$$10,000$? (For all requirements, round your answers to 2 decimal places. (e.g., 32.16)) Problem 6-9 (LG 6-2) A municipal bond you are considering as an investment currently pays a yield of$6.77$percent. a. Calculate the tax equivalent yield if your marginal tax rate is 28 percent. b. Calculate the tax equivalent yield if your marginal tax rate is 21 percent. (For all requirements, round your percentage answers to 3 decimal places. (e.g., 32.161))

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The Treasury-Note Discussion Assignment Paper