(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 11 years unti matunty You can purchase the bond for $1,085 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 4 percent? a. The yield to maturity on the Saloemi bonds is 1% (Round to two decimal places)