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A Treasury bond with 1 2 years to maturity is currently quoted at 1 1 4 : 8 . The bond has a coupon rate

A Treasury bond with 12 years to maturity is currently quoted at 114:8. The bond has a coupon rate of 9.1 percent. What is the yield
value of a 32 nd for this bond?
Note: Do not round intermediate calculations. Round your answer to 3 decimal places.
Yield value (in basis points)
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