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( Related to Checkpoint 9 . 2 ) ( Yield to maturity ) Hoyden Co . ' s bonds mature in 1 9 years and
Related to Checkpoint Yield to maturity Hoyden Cos bonds mature in years and pay percent interest annually. If you purchase the bonds for $ what is their yield to maturity?
The yield to maturity on the Hoyden bonds is
Round to two decimal places.
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