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(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 9 percent interest annually. If you purchase the bonds

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(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 18 years and pay 9 percent interest annually. If you purchase the bonds for $5S0, what is your yieid to maturity? Your yieid to maturity on the Abner bonds in 5. (Round to two decimal places)

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