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Springfield Nuclear Energy Inc. bonds are currently trading at $ 698.04 . The bonds have a face value of $ 1,000 , a coupon rate
Springfield Nuclear Energy Inc. bonds are currently trading at $698.04. The bonds have a face value of $1,000, a coupon rate of 3.5% with coupons paidannually, and they mature in 10 years. What is the yield to maturity of thebonds? round 2 decimal places. Please help.
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