What is the yield to maturity of bond

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A Treasury bond with a maturity of 25 years has an ask price quoted at 100:24. The coupon rate is 6.1 percent, paid semiannually. What is the yield to maturity of this bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Reference no: EM13682302

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