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(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 6 percent interest anriually and have 8 years until maturity. You) can

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(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 6 percent interest anriually and have 8 years until maturity. You) can purchase the bond for $1,125 a. What is the yield to maturity on this bond? b. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 6 percent? 3. The yield to maturity on the Saleemi bonds is 1.2. (Round to two decimal places.) b. Y ocd purchase the bonds because your yield to maturity on the Saleemi bonds if than the one on a comparable risk bond. (Select from. the drop-down menus)

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