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 ?? 5.901 6.128 Maturity Month/Year May 30 May 33 May 39 Yield to maturity Bid Asked 103.4521 103.5249 104.4861 104.6318 ?? ?? Change +.3209 +.4209 +.5314 In the above table, find the Treasury bond that matures in May 2033. 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 5.859 ?? 3.891
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 ?? 5.901 6.128 Maturity Month/Year May 30 May 33 May 39 Yield to maturity Bid Asked 103.4521 103.5249 104.4861 104.6318 ?? ?? Change +.3209 +.4209 +.5314 In the above table, find the Treasury bond that matures in May 2033. 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 5.859 ?? 3.891
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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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
??
5.901
6.128
Maturity
Month/Year
May 30
May 33
May 39
Bid
103.4521
104.4861
??
Yield to maturity
Asked
103.5249
104.6318
??
I%
Change
+.3209
+.4209
+.5314
In the above table, find the Treasury bond that matures in May 2033. 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
5.859
??
3.891
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