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A 3.25 percent Treasury bond is quoted at a price of 101.16. The bond pays interest semiannually. What is the current yield? Please show your

A 3.25 percent Treasury bond is quoted at a price of 101.16. The bond pays interest semiannually. What is the current yield? Please show your work step-by-step manually by hand without tables/charts/excel/calculator-finance-app-solver info

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