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. You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of

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You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 5.374 6.178 Maturity Month/Year May 31 May 34 May 40 Bid 103.4651 104.4991 ?? Asked 103.5379 Change Ask Yield +.3054 6.059 104.6448 +.4329 ?? +.5444 ?? 4.091 In the above table, find the Treasury bond that matures in May 2034. What is your yield to maturity if you buy this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity %

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