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Refer the table below: Maturity 2012 May 15 2013 May 15 2014 May 15 2020 May 15 2025 Aug 15 2030 May 15 2040 May

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Refer the table below: Maturity 2012 May 15 2013 May 15 2014 May 15 2020 May 15 2025 Aug 15 2030 May 15 2040 May 15 Coupon 1.375 3.625 4.75 8.75 6.875 6.25 4.375 Bid Price 101:05 106:31 111:22 144:17 133:07 128:25 100:28 Asked Price Asked Yield, % 101:06 0.78 107:01 1.23 111:23 1.70 144:19 3.44 133:11 3.94 128:27 4.12 100:29 4.32 What is the current yield of the 6.25% 2030 maturity bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current yield 1%

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