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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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