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Curtis Corporation non-callable bonds currently sell for $1,165 (eleven hundred & sixty-five dollars). They have a 15-year maturit y, an annual coupon of $95 (ninety-five

Curtis Corporation non-callable bonds currently sell for $1,165 (eleven hundred & sixty-five dollars).

They have a 15-year maturity,

an annual coupon of $95 (ninety-five dollars)

and par value of $1,000 (one thousand dollars)

What is their yield to maturity?

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