What is the yield to maturity of the? bonds

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Springfield Nuclear Energy Inc. bonds are currently trading at ?$1,101.94. The bonds have a face value of ?$1,000?, a coupon rate of 8.5?% with coupons paid? annually, and they mature in 20 years. What is the yield to maturity of the? bonds?

The yield to maturity of the bonds is?% ?(Round to two decimal? places.)

Reference no: EM132345646

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