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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. Maturity Rate ?? Month/Year May 34 5.524 6.193 May 37 May 43 Bid 103.4690 104.5030 ?? Asked 103.5418 104.6487 ?? Change Ask Yield +.3093 +.4365 +.5483 6.119 ?? 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? 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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