Question: Consider a U . S . municipal bond with settlement on September 1 4 , 2 0 1 8 . The bond matures on September

Consider a U.S. municipal bond with settlement on September 14,2018. The bond matures on September 15,2018. The bond has a coupon rate of 29.32% and trades at a clean price of 100. The bond pays a semi-annual coupon. What is the bonds yield?

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