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To calculate the number of years until maturity, assume that it is currently May 2013. Maturity Ask Yld 2.18 Mo/Yr May 18 103.5362 103.8235 +3204

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To calculate the number of years until maturity, assume that it is currently May 2013. Maturity Ask Yld 2.18 Mo/Yr May 18 103.5362 103.8235 +3204 May 23 104.1762 104.3850 +4513 May 36 Rate Bid Asked Chg 5.850 6.125 +.6821 3.87 Required: In the above table, find the Treasury bond that matures in May 2018. 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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