Question : You find the following Treasury bond quotes. To calculate the
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 %
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 

