9 awarded ored Problem 6-28 Bond Yields [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate 6.102 6.148 Maturity Month/Year May 34 May 37 May 43 Bid 103.4573 104.4913 PP Yield to maturity 2.82 Asked 103.5301 104.6370 P? % Change +.3261 +.4257 +.5366 Ask Yield In the above table, find the Treasury bond that matures in May 2037. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. 5.939 22 3.971

You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1.000 and pay semiannual coupons. In the above table, find the Treasury bond that matures in May 2037. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.g., 32.16