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A treasury bond is quoted at a price of 106:23 with a 3.50 percent coupon. The bond pays interest sami annualy. what is the current

A treasury bond is quoted at a price of 106:23 with a 3.50 percent coupon. The bond pays interest sami annualy. what is the current yield on one of these bonds. if you could put the detail steps I appriciated

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