Estimate the bonds yield to maturity

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A Treasury bond that settles on August 10, 2013, matures on October 17, 2019. The coupon rate is 6.10 percent and the quoted price is 112:9. What is the bond's yield to maturity?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132032451

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