1. (20') Suppose the following information is quoted for a hypothetical Treasury security: Issue 5% 4/15/2030-B Bid 120.20 Ask 27 Change 6 Yield ? a. What is the bid price per $100 of par value? b. If an investor wanted to purchase $100,000 of par value of this Treasury security, what is the clean price? c. What is the ask price per $100 of par value? d. If an investor wanted to purchase $100,000 of par value of this Treasury security, what is the clean price? e. What does the "Change" of 6 mean? f. What does the "Yield" column mean? g. Suppose that instead of a bid of 120.20 it is 120.20+. What would be the clean price per $100 of par value?

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