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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

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

Maturity

Month/Year

Bid Asked Change Ask Yield
? May 30 103.4521 103.5249 +.3209 5.859
5.901 May 33 104.4861 104.6318 +.4209 ?
6.128 May 39 ? ? +.5314 3.891

In the above table, find the Treasury bond that matures in May 2033. 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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