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To calculate the number of years until maturity, assume that it is currently May 2010. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May

To calculate the number of years until maturity, assume that it is currently May 2010.

Rate Maturity Mo/Yr Bid Asked Chg Ask Yld
?? May 20 106:18 106:22 +2 5.06
6.700 May 28 108:17 108:19 +4 ??
5.400 May 38 ?? ?? +3 6.58

Required:

In the above table, find the Treasury bond that matures in May 2028. What is your yield to maturity if you buy this bond?

Yield to maturity

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