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Tofu Ice Creams Inc issued a 20-year, 7% annual coupon bonds with a $1,000 par value. If the current price of the bonds is $1,050,

Tofu Ice Creams Inc issued a 20-year, 7% annual coupon bonds with a $1,000 par value. If the current price of the bonds is $1,050, what is the yield to maturity? Group of answer choices 6.55% 7.00% 7.35% 6.54%

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