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Problem 6-28 Bond Yields (LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is

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Problem 6-28 Bond Yields (LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Ask Yld Rate Bid Asked 103.4625 103.5353 Chg +.3028 ?? May 30 6.019 104.4965 104.6422 +.4305 6.302 ?? May 35 May 45 6.168 ?? ?? +.5418 4.051 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 Problem 6-28 Bond Yields (LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Ask Yld Rate Bid Asked 103.4625 103.5353 Chg +.3028 ?? May 30 6.019 104.4965 104.6422 +.4305 6.302 ?? May 35 May 45 6.168 ?? ?? +.5418 4.051 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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