A Treasury bond with the longest maturity (30 years) has an ask price quoted at 100.9375. The coupon rate is 4.30 percen
Posted: Fri Jul 01, 2022 7:48 am
A Treasury bond with the longest maturity (30 years) has an askprice quoted at 100.9375. The coupon rate is 4.30 percent, paidsemiannually. What is the yield to maturity of thisbond? (Do not round intermediate calculations. Enteryour answer as a percent rounded to 2 decimal places.)