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Question 8, P9-14 (similar to) > (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 12 percent interest
Question 8, P9-14 (similar to) > (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 12 percent interest annually. If you purchase the bonds for $1,050, what is your yield to maturity? HW Score: 0%, 0 of 50 points O Points: 0 of 4 Save Your yield to maturity on the Abner bonds is %. (Round to two decimal places.)
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