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es You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All
es 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 ?? 5.624 6.203 Maturity Month/Year May 34 May 39 May 49 Bid 103.5566 104.5056 ?? Asked 103.6448 104.6513 ?? Change +.3119 +.4389 +.5509 Ask Yield 2.489 ?? 4.191 In the above table, find the Treasury bond that matures in May 2034. What is the coupon rate for this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Coupon rate %
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