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Counterpoint Energy has a 3.7000% coupon senior debenture outstanding that matures on September 1, 2049. The last trade price is reported in terms of yield

Counterpoint Energy has a 3.7000% coupon senior debenture outstanding that matures on September 1, 2049. The last trade price is reported in terms of yield as 3.48%. What is this yield in basis points?

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