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 22	103.5410	103.6288	+.3248	2.249
6.052						May 27	104.4900	104.6357	+.4245	??
6.143						May 37	??	??	+.5353	3.951

Required:

In the above table, find the Treasury bond that matures in May 2022. 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