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Springfield Nuclear Energy Inc. bonds are currently trading at ?$1,168.47. The bonds have a face value of ?$1,000?, a coupon rate of 11?% with coupons
Springfield Nuclear Energy Inc. bonds are currently trading at ?$1,168.47. The bonds have a face value of ?$1,000?, a coupon rate of 11?% with coupons paid?annually, and they mature in 25 years. What is the yield to maturity of the?bonds?
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