Question: Stilley Resources bonds have 2 0 years left to maturity. Interest is paid annually, and the bonds have a $ 1 , 0 0 0

Stilley Resources bonds have 20 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 16.5 percent.
If the price of the bond is $1,430, what is the yield to maturity?

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