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(Related to Checkpoint 9.2) (Yield to maturity) The market price is 51.150 for a 19-year bond ($1.000 par value) that pays 9 percent annual interest,

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(Related to Checkpoint 9.2) (Yield to maturity) The market price is 51.150 for a 19-year bond ($1.000 par value) that pays 9 percent annual interest, but makes interest payments on a somianual basis (45 percent semiannualy). What is the bond's yield to maturity? The bond's yield to maturity is % (Round to wo decimal places)

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