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✓ 17. Suppose the following information is quoted for a hypothetical Treasury security: Issite Bid Ask Change Yield 4% 3/21/2040-8 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? 110.25 24 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 -5 mean? f. What does the "Yield" column mean? g. Suppose that instead of a bid of 110.25 it is 110.25+. What would be the clean price per $100 of par value?

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