Question: A 3.6% coupon bond with 6 months remaining until maturity is currently trading at 98.28 (as quoted on the finra.org website). Assume semi-annual coupon payments.
A 3.6% coupon bond with 6 months remaining until maturity is currently trading at "98.28" (as quoted on the finra.org website). Assume semi-annual coupon payments. The bond's YTM is__________%. Do not round any intermediate work.
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