You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.. Rate ?? 5.324 6.173 Maturity Month/Year May 30 May 33 May 39 Bid Asked 103.4638 103.5366 104.4978 104.6435 ?? ?? Yield to maturity In the above table, find the Treasury bond that matures in May 2033. 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 2 decimal places, e.g., 32.16. Change Ask Yield +.3041 6.039 +.4317 ?? +.5431 4.071 %
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.. Rate ?? 5.324 6.173 Maturity Month/Year May 30 May 33 May 39 Bid Asked 103.4638 103.5366 104.4978 104.6435 ?? ?? Yield to maturity In the above table, find the Treasury bond that matures in May 2033. 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 2 decimal places, e.g., 32.16. Change Ask Yield +.3041 6.039 +.4317 ?? +.5431 4.071 %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You find the following Treasury bond quotes. To calculate the number of years until maturity, assume
that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual coupons.
Rate
??
5.324
6.173
Maturity
Month/Year
May 30
May 33
May 39
Bid
Asked
103.4638
103.5366
104.4978 104.6435
??
??
Yield to maturity
Change Ask Yield
+.3041
+.4317
+.5431
In the above table, find the Treasury bond that matures in May 2033. What is your yield to maturity if
you buy this bond?
6.039
??
4.071
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2
decimal places, e.g., 32.16.
%
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