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Consider a U.S. municipal bond with settlement on September 14, 2018. The bond matures on September 15, 2018. The bond has a coupon rate of

Consider a U.S. municipal bond with settlement on September 14, 2018. The bond matures on September 15, 2018. The bond has a coupon rate of 29.32% and trades at a clean price of 100. The bond pays a semi-annual coupon. What is the bond's yield?

25.1894

26.2894

25.5894

25.8894

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