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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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