Each bond carries a 681 coupon payable semi-annually and
Bonds issued 5 years ago by Kramer Manufacturing mature in 25 years and have a $1,000 face value. Each bond carries a 6.81% coupon, payable semi-annually, and currently sells for $465.42. What is the bond's Yield to Maturity, in APR format?
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bonds issued 5 years ago by kramer manufacturing mature in 25 years and have a 1000 face value each bond carries a 681
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