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Buffalo Canyon Enterprises (BCE) has a bond rating of BBB and their bonds are currently trading at a YTM of 6%. Panhandle Inc. (PI) has

Buffalo Canyon Enterprises (BCE) has a bond rating of BBB and their bonds are currently trading at a YTM of 6%. Panhandle Inc. (PI) has a bond rating of AA. Approximately what YTM would you expect PI's bonds to trade at

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