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A Treasury bond with 6 years to maturity is currently quoted at 1 1 6 : 6 . The bond has a coupon rate of

A Treasury bond with 6 years to maturity is currently quoted at 116:6. The bond has a coupon rate of 9.5 percent. What is the yield value of a 32nd for this bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
1
points
Yield value (in basis points
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