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28. Bond Price. In the table, you will find the Treasury bond that matures in May 2027. What is your yield of maturity if you

28. Bond Price. In the table, you will find the Treasury bond that matures in May 2027. What is your yield of maturity if you buy this bond? To Calculate the number of years util maturity, assume that it is currently May 2016. All of the bonds have a $1,000 par value

Rate

Maturity

Mo/Yr.

Bid

Asked

Chg.

Ask

Yid

5.850

May 27

104.1762

104.3850

+.4513

??

Periodic Rate___________________________

Yield to Maturity________________________

Remember that this is semi-annual bond!

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