Determine the yield to maturity of the bond-springfield

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Reference no: EM132622356

Springfield Nuclear Energy Inc. bonds are currently trading at $1,908.71.

The bonds have a face value of $1,000, a coupon rate of 9.5% with coupons paid annually, and they mature in 2 years. What is the yield to maturity of the bonds?

How do you determine the yield to maturity of the bond?

Reference no: EM132622356

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