Springfield nuclear energy inc bonds are currently trading, Financial Management

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Springfield nuclear energy inc bonds are currently trading

Springfield Nuclear Energy Inc. bonds are currently trading at $1,639.76. The bonds have a face value of $1,000, a coupon rate of 10.5% with coupons paid annually, and they mature in 10 years. What is the yield to maturity of the bonds?

The yield to maturity of the bonds is _____% (Round to two decimal points)

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Financial Management: Springfield nuclear energy inc bonds are currently trading

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