MegaSoft Inc. bonds are currently trading at 110% of their face value, have 15 years...

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Finance

MegaSoft Inc. bonds are currently trading at 110% of their face value, have 15 years to maturity and a coupon rate of 4% per year compounded semi-annually. What is the yield to maturity of these bonds?

5.64%

3.16%

4.27%

3.87%

2.45%

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