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To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and

To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and pay semiannual coupons.

Rate Maturity Mo/Yr Bid Asked Chg Ask Yld
?? May 25 103.5362 103.8235 +.3204 2.18
5.850 May 27 103.1840 103.3215 +.4513 ??
6.125 May 36 ?? ?? +.6821 3.87

In the above table, find the Treasury bond that matures in May 2025. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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