Question
To calculate the number of years until maturity, assume that it is currently May 2013. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May
To calculate the number of years until maturity, assume that it is currently May 2013.
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 23 | 103.4677 | 103.5405 | +.3080 | 6.099 |
| 5.474 | May 28 | 104.5017 | 104.6474 | +.4353 | ?? |
| 6.188 | May 38 | ?? | ?? | +.5470 | 4.131 |
Required: In the above table, find the Treasury bond that matures in May 2028. What is your yield to maturity if you buy this bond?
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Finance Directors Handbook
Authors: Glynis D Morris, Sonia McKay, Andrea Oates
5th Edition
1566768691, 978-1566768696
