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Chapter Six instructions help Save & Exit Submit 27. value: 10.00 points You find the following Treasury bond quotes. To calculate the number of years

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Chapter Six instructions help Save & Exit Submit 27. value: 10.00 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. Rate ?? Maturity Mo/Yr May 26 May 31 May 41 Bid 103.4638 1044978 ?? Asked 103.5366 104.6435 ?? Chg + 3041 +4317 +.5431 Ask Yld 6.039 ?? 4.071 5.324 6.173 In the above table, find the Treasury bond that matures in May 2031. 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 %

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