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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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