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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. Chg May 24 103.5514 103.6396 +.3067 5.424 May 29 104.5004 104.6461 +4341 Maturity Rate Mo/Yr Ask Yld 2.409 6.183 May 39 5457 4.111 In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate

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