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A Treasury bond with the longest maturity (30 years) has an ask price quoted at 98:29. The coupon rate is 4.10 percent, paid semiannually. What
A Treasury bond with the longest maturity (30 years) has an ask price quoted at 98:29. The coupon rate is 4.10 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
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