points

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

Print

$$1,000$ and pay semiannual coupons.

$\backslash$table$[[$Maturity$,,],[$Rate$,$Month$/$Year$,$Bid,Asked,Change,Ask Yield$],[??,$May $37,103\mathrm{.}4612,103\mathrm{.}5340,+\mathrm{.}3015,5\mathrm{.}999],[6\mathrm{.}252,$May $40,104\mathrm{.}4952,104\mathrm{.}6409,+\mathrm{.}4293,??$

What is your yield to maturiy if you buy this bond?