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 2016. The bonds have a par value of $1,000.
| Rate | Maturity Mo/Yr | Bid | Asked | Chg | Ask Yld |
| ?? | May 19 | 103.5592 | 103.6474 | +.3145 | 2.529 |
| 5.724 | May 24 | 104.5082 | 104.6539 | +.4413 | ?? |
| 6.213 | May 34 | ?? | ?? | +.5535 | 4.231 |
In the above table, find the Treasury bond that matures in May 2019. 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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