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Abner Corporation's bonds mature in 2 4 years and pay 8 percent interest annually. If you purchase the bonds for $ 1 comma 1 5

Abner Corporation's bonds mature in 24 years and pay 8 percent interest annually. If you purchase the bonds for $1 comma 150, what is your yield to maturity?
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Part 1
Your yield to maturity on the Abner bonds is
enter your response here%.(Round to two decimal places.)

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