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A Treasury bond with 1 1 years to maturity is currently quoted at 1 1 3 : 1 1 . The bond has a coupon

A Treasury bond with 11 years to maturity is currently quoted at
113:11. The bond has a coupon rate of10.9 percent. What is the
yield value of a 32nd for this bond?(Do not round
intermediate calculations. Round your answer to 3 decimal
places.)

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