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 ?? 6.152 6.153 Maturity Month/Year May 35 May 38 May 44 Bid 103.4586 104.4926 ?? Yield to maturity Asked 103.5314 104.6383 ?? % Change +.3274 +.4269 +.5379 In the above table, find the Treasury bond that matures in May 2038. 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 2 decimal places, e.g., 32.16. Ask Yield 5.959 ?? 3.991
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 ?? 6.152 6.153 Maturity Month/Year May 35 May 38 May 44 Bid 103.4586 104.4926 ?? Yield to maturity Asked 103.5314 104.6383 ?? % Change +.3274 +.4269 +.5379 In the above table, find the Treasury bond that matures in May 2038. 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 2 decimal places, e.g., 32.16. Ask Yield 5.959 ?? 3.991
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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nces
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
??
6.152
6.153
Maturity
Month/Year
May 35
May 38
May 44
Bid
Asked Change
103.4586 103.5314 +.3274
104.4926 104.6383 +.4269
??
+.5379
??
Yield to maturity
Ask Yield
5.959
??
3.991
In the above table, find the Treasury bond that matures in May 2038. 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 2 decimal places, e.g.,
32.16."
Transcribed Image Text:ok
ht
nces
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
??
6.152
6.153
Maturity
Month/Year
May 35
May 38
May 44
Bid
Asked Change
103.4586 103.5314 +.3274
104.4926 104.6383 +.4269
??
+.5379
??
Yield to maturity
Ask Yield
5.959
??
3.991
In the above table, find the Treasury bond that matures in May 2038. 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 2 decimal places, e.g.,
32.16.
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