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What is the yield to maturity of the bonds

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Question - GoolyBib Inc. bonds are B-rated, have a face value of $100, 11 years to maturity and a 2.9% coupon rate. The coupons are paid semi-annually and the next coupon is due in six months. The bonds are priced at $68.907. What is the yield to maturity of the bonds?

Reference no: EM133059376

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