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Radoski Corporation's bonds make an annual coupon interest payment of 7 % . The bonds have a par value of $ 1 , 0 0

Radoski Corporation's bonds make an annual coupon interest payment of

7 % .

The bonds have a par value of $

1, 000,

a current price of $

1, 130,

and mature in

6

years. What is the yield to maturity on these bonds?

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