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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 | 103.5423 | 103.6301 | +.3261 | 2.269 |
6.102 | May 28 | 104.4913 | 104.6370 | +.4257 | ?? |
6.148 | May 38 | ?? | ?? | +.5366 | 3.971 |
Required: |
In the above table, find the Treasury bond that matures in May 2023. 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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