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Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ??? May 24 103.5514 103.6396 +.3067 2.409 5.424 May 29 104.5004 104.6461 +.4341 ?? 6.183 May 30
Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
??? | May 24 | 103.5514 | 103.6396 | +.3067 | 2.409 |
5.424 | May 29 | 104.5004 | 104.6461 | +.4341 | ?? |
6.183 | May 30 | ?? | ?? | +.5457 | 4.111 |
To calculate the number of years until maturity, assume that it is currently May 2013.
Required: |
In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Coupon rate: .........%
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