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nces You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All
nces 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 3.674 6.200 Maturity Month/Year May 31 1 May 34 May 401 Bid 103,4729 104.5069 22 Asked 103.5457 104.6526 ?? Change +3132 +.4401 +.5522 Ask Yield 6.179 4.211 In the above table, find the Treasury bond that matures in May 2034. 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. Yield to maturity 5.71
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