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 ?? 6.002 6.138 Maturity Month/Year May 32 May 35 May 41 Yield to maturity Bid 103.4547 104.4887 104.6344 ?? ?? Asked 103.5275 % Change +.3235 +.4233 +.5340 In the above table, find the Treasury bond that matures in May 2035. 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 5.899 ?? 3.931
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 ?? 6.002 6.138 Maturity Month/Year May 32 May 35 May 41 Yield to maturity Bid 103.4547 104.4887 104.6344 ?? ?? Asked 103.5275 % Change +.3235 +.4233 +.5340 In the above table, find the Treasury bond that matures in May 2035. 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 5.899 ?? 3.931
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
Problem 1PS
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Raghubhai
![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
??
6.002
6.138
Maturity
Month/Year
May 32
May 35
May 41
Yield to maturity
Bid
Asked
103.4547
103.5275
104.4887 104.6344
??
??
Change
+.3235
+.4233
+.5340
In the above table, find the Treasury bond that matures in May 2035. 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
5.899
??
3.931](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F02ae0265-e62e-4bcf-b73f-eb4804ef713a%2F3f90fa45-997c-4fe9-9a23-e69291f75d3e%2Frtvstxdh_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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
??
6.002
6.138
Maturity
Month/Year
May 32
May 35
May 41
Yield to maturity
Bid
Asked
103.4547
103.5275
104.4887 104.6344
??
??
Change
+.3235
+.4233
+.5340
In the above table, find the Treasury bond that matures in May 2035. 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
5.899
??
3.931
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