Use the following Treasury bond quotes to answer Questions 2830: To calculate the number of years until maturity, assume that it is currently May 2019. All of the bonds have a $1,000 par value and pay semiannual coupons.

28. Bond Yields In the table, find the Treasury bond that matures in May 2027. What is your yield to maturity if you buy this bond?

29. Bond Prices In the table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? If the bid-ask spread for this bond is .0628, what is the bid price in dollars?

PART 4 Valuing Stocks and Bonds Ask Rate Maturity Mo/Yr Chg Yld ?? 5.850 6.125 May 25 May 27 May 36 Bid Asked 103.5362 103.8235 103.1840 103.3215 ?? ?? +.3204 +.4513 +.6821 2.18 ?? 3.87 LO 2 LO 2 28. Bond Yields In the table, find the Treasury bond that matures in May 2027. What is your yield to maturity if you buy this bond? 29. Bond Prices In the table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? If the bid-ask spread for this bond is .0628, what is the bid price in dollars