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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 2016. The bonds have

You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000.

Rate Maturity
Mo/Yr
Bid Asked Chg Ask
Yld
?? May 26 103.5462 103.6340 +.3015 2.329
6.252 May 31 104.4952 104.6409 +.4293 ??
6.163 May 41 ?? ?? +.5405 4.031

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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