Could you provide me with the current yield to maturity

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The Stock well company intends to engage in a bond issuance strategy; however, it currently faces uncertainty regarding the prevailing yield to maturity that the market would establish. The bonds will have a maturity period of 21 years, an annual coupon rate of 8.83 percent, and a par value of $1,000. Stock well Inc. Based on comprehensive analysis, it has been ascertained that the market valuation of these bonds would amount to $733 per unit. Could you provide me with the current yield to maturity of these bonds, please?

Reference no: EM133558047

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