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Saturn Corp has $15,000,000 of bonds on their balance sheet. The bonds are trading at 97% of book value and pay coupons semi-annually. Saturn's bonds

Saturn Corp has $15,000,000 of bonds on their balance sheet. The bonds are trading at 97% of book value and pay coupons semi-annually. Saturn's bonds have twenty years until maturity and a coupon rate of 5%. What is the yield-to-maturity on the bonds?

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