What is the current yield of the maturity bond


Problem:

Maturity Coupon Bid Price Asked Price Asked Yield, %

2012 May 15 1.375 101:05 101:06 0.78
2013 May 15 3.625 106:31 107:01 1.23
2014 May 15 4.75 111:22 111:23 1.70
2020 May 15 8.75 144:17 144:19 3.44
2025 Aug 15 6.875 133:07 133:11 3.94
2030 May 15 6.25 128:25 128:27 4.12
2040 May 15 4.375 100:28 100:29 4.32

What is the current yield of the 6.25% 2030 maturity bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

What is Current yield %

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Finance Basics: What is the current yield of the maturity bond
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