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
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
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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![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa51af6ad-11a5-4544-8b2c-5ebf0b45a8e0%2Fcbefa579-ed5d-48e7-b085-0caa3d81a109%2F6dll9a_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
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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