A treasury bond that settles on august 10 2013 matures on


A Treasury bond that settles on August 10, 2013, matures on February 23, 2021. The coupon rate is 7.00 percent and the quoted price is 117:15. What is the bond’s yield to maturity? (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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Financial Management: A treasury bond that settles on august 10 2013 matures on
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