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homework help plz! very urgent (Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,100 for a 16 -year bond ($1,000 par value)
homework help plz! very urgent 
(Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,100 for a 16 -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? The bond's yield to maturity is \%. (Round to two decimal places.) Step by Step Solution
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