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What is the current yield to maturity

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Question - The blue collar Company issued bonds in September of 2010. When issued, the bonds had 20 years to maturity, a coupon rate of 7.5% and sold for their face value of Rs1,000. Now, in September of 2020, the bond price has risen to Rs.1,110.40. What is the current yield to maturity?

Reference no: EM132530764

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