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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 39

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 39	??	??	+.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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