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24) The quoted ask yield 30-year on a 30-year $1,000 par T-bond with a 6.50 percent coupon and a price quote of 106-16 is A)

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24) The quoted ask yield 30-year on a 30-year $1,000 par T-bond with a 6.50 percent coupon and a price quote of 106-16 is A) 5.87 percent B) 6.03 percent C) 6.11 percent D) 6.18 percent E) 6.28 percent (use semiannual compounding)

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