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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 21 | 106:19 | 106:23 | +2 | 5.08 |
6.750 | May 29 | 108:18 | 108:20 | +4 | ?? |
5.405 | May 39 | ?? | ?? | +3 | 6.60 |
Required: |
In the above table, find the Treasury bond that matures in May 2029. What is your yield to maturity if you buy this bond? |
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