You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May of the bonds have a par value of $1,000 and pay semiannual coupons. Rate 22 6.052 6.143 Maturity Month/Year May 33 May 36 May 42 Bid 103.4560 104.4900 ?? Yield to maturity Asked 103.5288 104.6357 ?? % Change +.3248 +4245 +.5353 In the above table, find the Treasury bond that matures in May 2036. 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 5.919 27 3.951 All

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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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 bonds have a par value of $1,000 and pay semiannual coupons.
Rate
22
6.052
6.143
Maturity
Month/Year:
May 33
May 36
May 42
Bid
103,4560
104.4900
22
Yield to maturity
Asked
103.5288
104.6357
??
Change Ask Yield.
+.3248
+4245
+.5353
5.919
??
3.951
In the above table, find the Treasury bond that matures in May 2036. 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: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 22 6.052 6.143 Maturity Month/Year: May 33 May 36 May 42 Bid 103,4560 104.4900 22 Yield to maturity Asked 103.5288 104.6357 ?? Change Ask Yield. +.3248 +4245 +.5353 5.919 ?? 3.951 In the above table, find the Treasury bond that matures in May 2036. 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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