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Assume that you calculate the Internal Rate of Return (IRR) for a mortgage pass-through security, using a monthly amortization table. The IRR that you calculate

Assume that you calculate the Internal Rate of Return (IRR) for a mortgage pass-through security, using a monthly amortization table. The IRR that you calculate is 0.362%. What is the annual cash flow yield for this bond? Do not round your intermediate calculations.

State as a percent rounded to 4 digits. For example, 5.4233.

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