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A Treasury bond that settles on August 10, 2013, matures on December 11, 2019. The coupon rate is 6.20 percent and the quoted price is
A Treasury bond that settles on August 10, 2013, matures on December 11, 2019. The coupon rate is 6.20 percent and the quoted price is 114:11. What is the bonds yield to maturity?
A Treasury bond that settles on August 10, 2013, matures on December 11, 2019. The coupon rate is 6.20 percent and the quoted price is 114:11. What is the bond's yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the sign in your response.) Yield to maturityStep by Step Solution
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