The coupon rate is 370 percent paid semiannually what is, Financial Management

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The coupon rate is 370 percent paid semiannually what is

A Treasury bond with the longest maturity (30 years) has an ask price quoted at 103.9375. The coupon rate is 3.70 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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Financial Management: The coupon rate is 370 percent paid semiannually what is

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