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(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 22 years and pay 8 percent interest annually. If you purchase the bonds

(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 22 years and pay 8 percent interest annually. If you purchase the bonds for $1,075, what is your yield to maturity? K Your yield to maturity on the Abner bonds is%. (Round to two decimal places.)
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to matunty? Your yela so maturity on the Abrer bonds is S. (Romend so thes decimal places)

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