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8 Related to Checkpoint 9.2)(Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 14 percent interest annually. If you purchase the bonds

8 Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in

years and pay

percent interest annually. If you purchase the bonds for

$1,125,

what is your yield to maturity?

Question content area bottom

Part 1

Your yield to maturity on the Abner bonds is

enter your response here%.

(Round to two decimal places.)

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