Question: A Treasury bond that settles on August 10, 2008, matures on April 15, 2015. The coupon rate is 5.6 percent and the quoted price is

A Treasury bond that settles on August 10, 2008, matures on April 15, 2015. The coupon rate is 5.6 percent and the quoted price is 106:17. What is the bond's yield to maturity? Use an actual day count with 365 days per year.

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