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  • 22-03-2024
  • Business
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A Treasury bond that settles on August 10, 2022, matures on April 19, 2030. The coupon rate is 7.1 percent and the quoted price is 115 5/32. What is the bond’s yield to maturity?

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.



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