You find the following Treasury bond quotes. To calculate the number of years until maturity, assu of the bonds have a par value of $1,000 and pay semiannual coupons. Rate PP 6.052 6.143 Maturity Month/Year May 33 May 36 May 42. Yield to maturity Bid 103.4560 104.4900 ?? Asked 103.5288 104.6357 ?? 5.00 % Change +.3248 +.4245 +.5353 In the above table, find the Treasury bond that matures in May 2036. What is your yield to matur Note: Do not round intermediate calculations and enter your answer as a percent rounded to Ask Yield 5.919 ?? 3.951

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
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ook
int
ences
You find the following Treasury bond quotes. To calculate the number of years until maturity, assu
of the bonds have a par value of $1,000 and pay semiannual coupons.
Rate
??
6.052
6.143
Maturity
Month/Year
May 33
May 36
May 42
Yield to maturity
Asked
Bid
103.4560
103.5288
104.4900 104.6357
??
Change Ask Yield
+.3248
5.00 %
+.4245
+.5353
In the above table, find the Treasury bond that matures in May 2036. What is your yield to matur
Note: Do not round intermediate calculations and enter your answer as a percent rounded to
5.919
??
3.951
Transcribed Image Text:O ook int ences You find the following Treasury bond quotes. To calculate the number of years until maturity, assu of the bonds have a par value of $1,000 and pay semiannual coupons. Rate ?? 6.052 6.143 Maturity Month/Year May 33 May 36 May 42 Yield to maturity Asked Bid 103.4560 103.5288 104.4900 104.6357 ?? Change Ask Yield +.3248 5.00 % +.4245 +.5353 In the above table, find the Treasury bond that matures in May 2036. What is your yield to matur Note: Do not round intermediate calculations and enter your answer as a percent rounded to 5.919 ?? 3.951
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