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JUIC. UUNIPL 13 of 14 (1l complete) HW Score: 49.33%, 15.79 of 32 pts Problem 7-22 (similar to) IE Question Help (Yield to maturity) Assume

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JUIC. UUNIPL 13 of 14 (1l complete) HW Score: 49.33%, 15.79 of 32 pts Problem 7-22 (similar to) IE Question Help (Yield to maturity) Assume the market price of a 12 year bond for Margaret Inc. is $825, and it has a par value of $1,000. The bond has an annual interest rate of 7% that is paid semiannually. What is the yield to maturity of the bond? The yield to maturity of the bond is % (Round to two decimal places)

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