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Abner Corporation's bonds mature in 2 1 years and pay 8 percent interest annually. If you purchase the bonds for $ 1 , 2 7

Abner Corporation's bonds mature in
21
years and pay
8
percent interest annually. If you purchase the bonds for
$1,275,
what is your yield to maturity?
Question content area bottom
Part 1
Your yield to maturity on the Abner bonds is

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