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?

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 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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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

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