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Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to questi Assume you purchased a high-yield corporate bond with a face value of $1,000 at its current market price of $890 on January 2, 2010 It pays 9.00 percent interest and will mature on December 31, 2019. (b) Determine the yield to maturity on your bond investment at the time of purchase (Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity

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