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Springfield Nuclear Energy Inc. bonds are currently trading at ​$792.39. The bonds have a face value...

Springfield Nuclear Energy Inc. bonds are currently trading at ​$792.39. The bonds have a face value of ​1,000, a coupon rate of ​6% with coupons paid​ annually, and they mature in 15 years. What is the yield to maturity of the​ bonds?

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Answer #1

Yield to Maturity= 8.50%

Calculation as follows:

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