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Homework: Chapter 9 Homework Save Score: 0 of 1 pt 6 of 10 (5 complete) HW Score: 32.22%, 3.22 of 10 pts Question Help P9-16

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Homework: Chapter 9 Homework Save Score: 0 of 1 pt 6 of 10 (5 complete) HW Score: 32.22%, 3.22 of 10 pts Question Help P9-16 (similar to) (Related to Checkpoint 9.2) (Yield to maturityl The Sween Corporation's $1.000 bonds pay 8 percent interest annually and have 12 years until maturity. You can purchase the bond for $945. a. What is the yield to maturity on this bond? b. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 10 percent? a. The yield to maturity on the Saleemi bonds is %. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. 14980000 1070 @ Lw

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