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A Treasury bond maturing on December 15, 2020 is yielding 3.45% and is priced at $1,124.36. What is this bond's annual coupon rate as of

A Treasury bond maturing on December 15, 2020 is yielding 3.45% and is priced at $1,124.36. What is this bond's annual coupon rate as of October 31, 2016?

Round to 3 decimal places.

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