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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

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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 a par value of $1,000 Maturity May 23 103.5423103.6301 3261 2.269 Rate Bid Chg 6.102 May 28 104.4913 104.6370 +4257 6.148 May 38 t5366 3.971 In the above table, find the Treasury bond that matures in May 2023. What is the coupon rate for this bond? (Do not round intermediat calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate

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