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Chapter 1 0 i A Treasury both with 5 years to maturity is currently quoted at 1 1 5 : 7 . The bond has

Chapter 10 i
A Treasury both with 5 years to maturity is currently quoted at 115:7. The bond has a coupon rate of 9.3 percent. What is the yield value of a 32nd for this bond? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
Yield value (in basis points)
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