Question
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 |
|---|---|---|---|---|---|
| ??question mark | May 34 | 103.4690 | 103.5418 | +.3093 | 6.119 |
| 5.524 | May 37 | 104.5030 | 104.6487 | +.4365 | ?? |
| 6.193 | May 43 | ??question mark | ??question mark | +.5483 | 4.151 |
In the above table, find the Treasury bond that matures in May 2037. What is your yield to maturity if you buy this bond?
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Finance And Security Global Vulnerabilities Threats And Responses
Authors: Martin S. Navias
1st Edition
1787381366, 978-1787381360
