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To calculate the number of years until maturity, assume that it is currently May 2022. 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 2022. All of the bonds have a $1,000 par value and pay semiannual coupons. Rate ?? 3.850 4.125 Maturity Month/Year May 29 May 32 May 38 Bid 102.725 103.168 ?? Yield to maturity Asked 102.915 103.823 ?? % Change +.3204 +.4513 +.6821 In the above table, find the Treasury bond that matures in May 2032. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Ask Yield 2.18 ?? 3.87
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