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A 4.0%, 20-yearTreasury bond was issued on 6/17/2016. On 10/10/2023, an investor sells $3,000,000 in par value at a quoted price of 103.117. What is
A 4.0%, 20-yearTreasury bond was issued on 6/17/2016. On 10/10/2023, an investor sells $3,000,000 in par value at a quoted price of 103.117. What is the bonds YTM on 10/10/2023?
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