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FLP has 7% annual coupon bonds outstanding with 30 years left until maturity. The bonds have a face value (FV) of $1,000 and their current

FLP has 7% annual coupon bonds outstanding with 30 years left until maturity. The bonds have a face value (FV) of $1,000 and their current market price (PV)is$1,145.92.What is the yield to maturity (YTM) on FLP's bonds?

is the answer 5.95%??

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