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please solve a and b for the first quesfion and the bond's yield to maturity for the second. Thank you so much! (Related to Checkpoint

please solve a and b for the first quesfion and the bond's yield to maturity for the second. Thank you so much! image text in transcribed
image text in transcribed
(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 boods pay 9 percent interest annuasiy and have 43 yoars unti maturity You can purchase the bond for $1,105 a. What is the yield to maturty on this bood? b. Should you purchase the bond it the yold to maturity on a comparable-nek bond is 6 percent? a. The yeid to matarty on the Sqveeni bonds is is (Round to two decimal paces) percent semiannually. What is the bonds yeld to maturby? The bonss yela to maturity is (Round to two decingl places')

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