Semi annual bonds outstanding-what is the yield to maturity

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Reference no: EM13875948

Signature Sweets, Inc. has 10 percent semi annual bonds outstanding with 20 years to maturity. The latest quote on these bonds is 120.00 percent of the face value. What is the yield to maturity?

8.27%

7.98%

3.99%

3.58%

Reference no: EM13875948

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