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Springfield Nuclear Energy Inc. bonds are currently trading at $696.43. The bonds have a face value of $1,000, a coupon rate of 7% with coupons

Springfield Nuclear Energy Inc. bonds are currently trading at $696.43. The bonds have a face value of $1,000, a coupon rate of 7% with coupons paidannually, and they mature in 20 years. What is the yield to maturity of thebonds?

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