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need help (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 17 years and pay 8 percent interest annually. If you purchase
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(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 17 years and pay 8 percent interest annually. If you purchase the bonds for $725, what is your yield to maturity? Your yield to maturity on the Abner bonds is | %. (Round to two decimal places.)Step by Step Solution
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