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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 2 0 2 2
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May All of the bonds have a par value of $ and pay semiannual coupons.
tableRatetableMaturityMonthYearBid,Asked,Change,Ask YieldMay May May
In the above table, find the Treasury bond that matures in May What is your yield to maturity if you buy this bond?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Yield to maturity
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