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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 2019 and the bond
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. |
Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
?? | May 28 | 103.4599 | 103.5327 | +.3287 | 5.979 |
6.202 | May 33 | 104.4939 | 104.6396 | +.4281 | ?? |
6.158 | May 43 | ?? | ?? | +.5392 | 4.011 |
In the above table, find the Treasury bond that matures in May 2033. What is your yield to maturity if you buy this bond? (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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