Question: A 3.5% coupon bond with 6 months remaining until maturity is currently trading at 98.24 (as quoted on the finra.org website). Assume semi-annual coupon payments.

A 3.5% coupon bond with 6 months remaining until maturity is currently trading at "98.24" (as quoted on the finra.org website). Assume semi-annual coupon payments. The bond's YTM is__________%.

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