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To calculate the number of years until maturity, assume that it is currently May 2012 Rate (%) Maturity Bid Asked Change (%) Ask Yld (%)

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To calculate the number of years until maturity, assume that it is currently May 2012 Rate (%) Maturity Bid Asked Change (%) Ask Yld (%) Mo/Yr ?? May 18 103.5362 103.8235 +0.3204 2.18 5.850 May 23 104.1762 104.3850 +0.4513 22 6.125 May 36 ?? ?? +0.6821 3.87 In the above table, find the Treasury bond that matures in May 2018. What is the coupon rate for this bond? Coupon payment is made semiannually. Round up your answer to the 2nd decimal in %

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