Question: Problem 6-28 Bond Yields [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is

Problem 6-28 Bond Yields [LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Maturity Ask Rate Mo/Yr Bid Asked Chg Yld 103.4521 103.5249 May 22 +3209 5.859 5.901 104.4861 104.6318 +4209 May 27 ?? 6.128 May 37 ?? ?? +.5314 3.891 22 In the above table, find the Treasury bond that matures in May 2027. What is your yield to maturity if you buy this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Yield to maturity T%

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