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6. Vlie 2.00 points You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May

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6. Vlie 2.00 points You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000 Maturity Ask Rate Mo/Yi Bid Asked Chg Yld 27 May 23 103.4573 103 5301 +3261 5.939 6.102 May 28 104.4913 104 6370 + 4257 27 6.148 May 38 27 ?? +5366 3.971 In the above table, find the Treasury bond that matures in May 2028. What is your yield to maturity if you buy this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity % References eBook & Resources Worksheet Learning Objective: 06-02 Describe bond values and why they fluctuate. 2000) x 23/09/2020 8:05 PM

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