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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 25 103.5449 103.6327 +.3287 2.309
6.202 May 30 104.4939 104.6396 +.4281 ??
6.158 May 40 ?? ?? +.5392 4.011
n the above table, find the Treasury bond that matures in May 2025. What is the coupon rate for this bond?
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