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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 20 103.5384 103.6262 +.3222 2.209
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 2020. 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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