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6.31% is not correct To calculate the number of years until maturity, assume that it is currently May 2010 Maturity Mo/Yr May 29 May 37
6.31% is not correct
To calculate the number of years until maturity, assume that it is currently May 2010 Maturity Mo/Yr May 29 May 37 May 47 Ask Yld 5.24 Chg Bid 106:17 108:16 Asked 106:21 108:18 Rate 7.150 5.445 +4 6.76 Required In the above table, find the Treasury bond that matures in May 2037. What is your yield to maturity if you buy this bond? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Yield to maturity 6.31 %Step by Step Solution
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