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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 30 103.5514 103.6396 +.3067 2.409
5.424 May 35 104.5004 104.6461 +.4341 ??
6.183 May 45 ?? ?? +.5457 4.111

In the above table, find the Treasury bond that matures in May 2030. 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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