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help with a and b related to Checkpoint : 2 Yold to matury) The Salon Corporation's $1,000 bonds pay 11 percent interest armually usd havo

help with a and b image text in transcribed
related to Checkpoint : 2 Yold to matury) The Salon Corporation's $1,000 bonds pay 11 percent interest armually usd havo 11 years until mately You can ponchose to bond tex 51.1% a. What is the yield to maturity on this bond? b. Should you purchase the bond the yield to maturity on a comparable-risk bond is 6 percent? a. Theykeld to maturity on the Saleemi borus u % (Round to two decimal places)

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