What is the yield to maturity of the 04-year


Here is a Treasury spot yield curve from the Brokertec platform:

Maturity (Yrs), Coupon, Price, YTM

1, 3.00, 100.2433, 2.75

2, 3.50, 101.1497, 2.90

3, 3.90, none, 3.20

4, 4.20, 102.9455, none

the four numbers line up with the four variables

What is the yield to maturity of the 04-year bond: (a) 4.99; (b) 7.26; (c) 3.40; (d) 4.50

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