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Assignment Points: 0 of 4 Question list (Related to Checkpoint 9.2) (Yield to maturity) The market price is $875 for a 12-year bond ( $1,000
Assignment Points: 0 of 4 Question list (Related to Checkpoint 9.2) (Yield to maturity) The market price is $875 for a 12-year bond ( $1,000 par value) that pays 11 percent annual interest, but makes interest payments on a semiannual basis ( 5.5 percent semiannually). What is the bond's yield to maturity? Question 1 Question 2 Question 4 The bond's yield to maturity is \%. (Round to two decimal places.) Question 5 Question 6 Question 7 Question 8 Question 9
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