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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 2019 and the bond
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Ask Maturity Mo/Yr Yld Rate Bid 103.5527 103.6409 Asked Chg +3080 2.429 May 26 +4353 104.5017 104.6474 5.474 22 May 31 +.5470 6.188 4131 May 41 ?? ?? In the above table, find the Treasury bond that matures in May 2026. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %
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