Question: Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ??? May 24 103.5514 103.6396 +.3067 2.409 5.424 May 29 104.5004 104.6461 +.4341 ?? 6.183 May 30

Rate Maturity Mo/Yr Bid Asked Chg Ask Yld
??? May 24 103.5514 103.6396 +.3067 2.409
5.424 May 29 104.5004 104.6461 +.4341 ??
6.183 May 30 ?? ?? +.5457 4.111

To calculate the number of years until maturity, assume that it is currently May 2013.

Required:

In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Coupon rate: .........%

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