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(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 11 percent interest annually 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 11 percent interest annually 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 7 percent? a. The yield to maturity on the Saleemi bonds is %. (Round to two decimal places.) b. You than the one on a comparable risk bond. purchase the bonds because your yield to maturity on the Saleemi bonds is menus.) (Select f should should not (Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 11 percent interest annually 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 7 percent? a. The yield to maturity on the Saleemi bonds is %. (Round to two decimal places.) than the one on a comparable risk bond. b. You purchase the bonds because your yield to maturity on the Saleemi bonds is (Select from the drop-down menus.) greater less

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