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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

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
?? May 33 103.4755 103.5483 +.3158 6.219
5.774 May 36 104.5095 104.6552 +.4425 ??
6.218 May 42 ?? ?? +.5548 4.251

In the above table, find the Treasury bond that matures in May 2036. 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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