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Springfield Nuclear Energy Inc. bonds are currently trading at $ 703.59 The bonds have a face value of $ 1,000 , a coupon rate of
Springfield Nuclear Energy Inc. bonds are currently trading at
$703.59
The bonds have a face value of
$1,000,
a coupon rate of
1.5%
with coupons paid annually, and they mature in
25
years. What is the yield to maturity of the bonds?
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