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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 21 | 103.5605 | 103.6487 | +.3158 | 2.549 |
5.774 | May 26 | 104.5095 | 104.6552 | +.4425 | ?? |
6.218 | May 36 | ?? | ?? | +.5548 | 4.251 |
In the above table, find the Treasury bond that matures in May 2021. 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.) |
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