The Quoted Ask Yield on a 30-Year $1,000 Par T-Bond

question 48

Multiple Choice

The quoted ask yield on a 30-year $1,000 par T-bond with a 6.25 percent coupon and a price quote of 106-16 is ________ (use semiannual compounding) .

• A)2.94 percent
• B)2.90 percent
• C)5.79 percent
• D)5.87 percent
• E)4.95 percent

---

Definitions:

Monopolized

A market structure dominated by one supplier, with no close substitutes for the product or service, giving the supplier significant control over prices and output.

Simultaneous Game

A strategic scenario where players make their decisions or moves at the same time without knowledge of the other players' choices.

Simultaneous Game

A type of game in strategic game theory where all players make their decisions at the same time, without knowledge of the others' choices.

Nash Equilibrium

A concept of game theory where no participant can gain by unilaterally changing their strategy if the strategies of the others remain unchanged.