Southern Transit Corporation has $1,000 par value,twenty-year,6% annual coupon bonds,outstanding currently selling for $696.25.What is the yield to maturity on these bonds? Use a calculator for your answer.

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The Answer of Southern Transit Corporation has $1,000 par value,twenty-year,6% annual coupon bonds,outstanding currently selling for $696.25.What is the yield to maturity on these bonds? Use a calculator for your answer.

Southern Transit Corporation Has $1,000 Par Value,twenty-Year,6% Annual Coupon Bonds,outstanding