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What is the yield to maturity of the? bonds

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Springfield Nuclear Energy Inc. bonds are currently trading at $1,129. 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 two decimal places.)

Reference no: EM132379843

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