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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
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. In the above table, find the Treasury bond that matures in May 2039. 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
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