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Fenerbahce SK`s noncallable bonds currently sell for $920. They have a 20-year maturity, an annual coupon of $85, and a par/face value of $1,000. What

Fenerbahce SK`s noncallable bonds currently sell for $920. They have a 20-year maturity, an annual coupon of $85, and a par/face value of $1,000. What is their yield to maturity (YTM)? Hint: YTM = IRR=I/Y

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