What is the bond yield to maturity

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Reference no: EM131907802

A Treasury bond that settles on August 10, 2013, matures on March 30, 2020. The coupon rate is 6.40 percent and the quoted price is 113:15. 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.)

Reference no: EM131907802

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