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Below, you will find Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2013. Rate Maturity Mo/Yr
| Below, you will find Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2013. |
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 23 | 103.5527 | 103.5405 | +.3080 | 6.099 |
| 5.474 | May 28 | 104.5017 | 104.6474 | +.4353 | ?? |
| 6.188 | May 38 | ?? | ?? | +.5470 | 4.131 |
In the above table, find the Treasury bond that matures in May 2038. What is the asked price of this bond in dollars?
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