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A semi-annual coupon Treasury bond is quoted as 85:30. This bond has 16 years til maturity with a coupon rate of 5%. What is the
A semi-annual coupon Treasury bond is quoted as 85:30. This bond has 16 years til maturity with a coupon rate of 5%. What is the current yield on this Treasury bond? (Assume Face value of the bond = $1,000) Use at least 4 decimal place
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