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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 ??question mark May 32 103.5410 103.6288 +.3248 2.249 6.052 May 37 104.4900 104.6357 +.4245 ??question mark 6.143 May 47 ??question mark ??question mark +.5353 3.951 In the above table, find the Treasury bond that matures in May 2032. What is the coupon rate for this bond
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