Question: Problem 6 - 2 8 Bond Yields [ LO 2 ] You find the following Treasury bond quotes. To calculate the number of years until
Problem Bond Yields LO
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May All of the bonds have a par value of $ and pay semiannual coupons.
tableMaturityRateMonthYearBid,Asked,Change,Ask Yield,,,,,May May May
In the above table, find the Treasury bond that matures in May 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 decimal places, eg
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