You find the following Treasury bond quotes. To calculate the number of years until maturity,...
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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 2019 and the bond has a par value of $1,000. Maturity Mo/Yr Rate Ask Yld 2.469 ??? May 25 Bid Asked Chg 103.5553 103.6435_2106 104.5043 104.6500+.4377 ?? ?? +.5496 5.574 May 33 ?? 4171 6.198 May 43 In the above table, find the Treasury bond that matures in May 2025. What is the coupon rate for this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate
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