Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 08 Nov 2017 My Price 6.00

Treasury bond

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

Rate Maturity
Mo/Yr
Bid Asked Chg Ask
Yld
??           May 24      103.4586      103.5314      +.3274         5.959      
6.152        May 29      104.4926      104.6383      +.4269         ??        
6.153        May 39      ??         ??         +.5379         3.991      
 
Required:

In the above table, find the Treasury bond that matures in May 2029. What is your yield to maturity if you buy this bond?

(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

  Yield to maturity % ____________   

 

Answers

(5)
Status NEW Posted 08 Nov 2017 09:11 PM My Price 6.00

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