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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

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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 bonds have a par value of $1,000 and pay semiannual coupons. Rate 22 5.624 6.203 Maturity Month/Year May 30 May 33 Bid 103.4716 104.5056 Asked 103.5444 104.6513 May 39 22 22 +.4389 +.5509 Change Ask Yield +.3119 6.159 27 4.191 In the above table, find the Treasury bond that matures in May 2033. 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. Yield to maturity %

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