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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 33 103.5423 103.6301 +.3261 2.269 6.102 May 38 104.4913 104.6370 +.4257 ?? 6.148 May 48 ?? ?? +.5366 3.971 In the above table, find the Treasury bond that matures in May 2033. What is the coupon rate for 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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