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$ 1 , 0 5 5 . a . What is the yield to maturity on this bond? b . Should you purchase the bond

$1,055.
a. What is the yield to maturity on this bond?
b. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 12 percent?
a. The yield to maturity on the Saleemi bonds is %.(Round to two decimal places.)
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