What is yield to maturity of the bonds

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Springfield Nuclear Energy Inc. bonds are currently trading at $1,466.14. The bonds have a face value of $1,000, a coupon rate of 11% with coupons paid annually, and they mature in 25 years. What is the yield to maturity of the bonds?

The yield to maturity of the bonds is _________%

(Round to two decimal places.)

Reference no: EM131838236

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