Question: Practice: Section 7.5 Save Score: 3 of 8 pts 1 of 8 x Question 1: Problem 7.LO5.22 (similar to) Question Help Settings Springfield Nuclear Energy

Practice: Section 7.5 Save Score: 3 of 8 pts 1 of

Practice: Section 7.5 Save Score: 3 of 8 pts 1 of 8 x Question 1: Problem 7.LO5.22 (similar to) Question Help Settings Springfield Nuclear Energy Inc. bonds are currently trading at $847.89. 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? The yield to maturity of the bonds is % (Round to two decimal places.)

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