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ou find the following Treasury bond quotes. To calculate the number of years until naturity, assume that it is currently May 2019 and the bond
ou find the following Treasury bond quotes. To calculate the number of years until naturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr May 30 Bid 103.4625 AskedChg 103.5353 +.3028 Ask Yld 6,019 ?? 104.4965 104.6422 +.4305 37 6.302 6.168 May 35 May 45 ?? +.54184.051 In the above table, find the Treasury bond that matures in May 2035. 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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