$($Related to Checkpoint $9\mathrm{.}2)($Yield to maturity$)$ Abner Corporation's bonds mature in $23$ years and pay $15$ percent interest annually. If you purchase the bonds for

$$775,$ what is your yield to maturity?

Your yield to maturity on the Abner bonds is

$\%.($Round to two decimal places.$)$Abner$$ Corporation's bonds mature in $23$ years and pay $15$ percent interest annually. If you purchase the bonds for $$$$775,$ what is your yield to$$ maturity?

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Part $1$

Your yield to maturity on the Abner bonds is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$