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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

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 5 percent?

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Homework: Chapter 9 Homework Score: 0 of 1 pt P9-16 (similar to) Save 6 of 10 (0 complete) HW Score: 096, 0 or 10 pts Question Help * Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 8 percent interest annually and have 9 years until maturity. You can purchase the bond for $1,085 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 5 percent? )% (Round to two decimal places) . The yield to maturity on the saleemi bonds is

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