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A floating-rate bond has 9 years to maturity and a coupon rate of 6-month SOFR (S6) + 1.8%. The bond is priced at 100.6. If

A floating-rate bond has 9 years to maturity and a coupon rate of 6-month SOFR (S6) + 1.8%. The bond is priced at 100.6. If the current S6 is 5.2%. How much is its discount margin? Keep 4 decimal places as a percent

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