What would the annual yield to maturity

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Reference no: EM131188081

Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling for $819. It has an annual coupon rate of 6.64 percent, paid semiannually, and has 21-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?

Reference no: EM131188081

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