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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 2 0 2 2
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May All of the bonds have a par value of $ and pay semiannual coupons.
Rate Maturity MonthYear Bid Asked Change Ask Yield
question mark May
May
May question mark question mark
In the above table, find the Treasury bond that matures in May What is your yield to maturity if you buy this bond? Note: The first column where it says "Rate" is the Coupon Rate. DON'T FORGET that this is a corporate bond, so coupons are paid semiannually twice a year
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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