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Springfield Nuclear Energy Inc. bonds are currently trading at $1,631.48. The bonds have a face value of $1,000, a coupon rate of 9% with coupons

Springfield Nuclear Energy Inc. bonds are currently trading at $1,631.48. The bonds have a face value of $1,000, a coupon rate of 9%

with coupons paid annually, and they mature in 20 years. What is the yield to maturity of the bonds?

The yield to maturity of the bonds is ____% (Round to two decimal places.)

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