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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 2022. All of the

You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.

Rate Maturity Month/Year Bid Asked Change Ask Yield
?? May 35 103.5449 103.6327 +.3287 2.309
6.202 May 40 104.4939 104.6396 +.4281 ??
6.158 May 50 ?? ?? +.5392 4.011

In the above table, find the Treasury bond that matures in May 2035. What is the coupon rate for this bond?

Note: 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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