Question

A 7.35 percent coupon bond with 20 years left to maturity is offered for sale at $1,025.00


A 7.35 percent coupon bond with 20 years left to maturity is offered for sale at $1,025.00. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) 


Yield to maturity ped = _______ %

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