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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
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.
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 20 | 103.4534 | 103.5262 | +.3222 | 5.879 |
| 5.952 | May 25 | 104.4874 | 104.6331 | +.4221 | ?? |
| 6.133 | May 35 | ?? | ?? | +.5327 | 3.911 |
In the above table, find the Treasury bond that matures in May 2025. What is your yield to maturity if you buy this bond?
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