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(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 11 peccent interest annualy and have 15 years undl maturity You can

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(Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 11 peccent interest annualy and have 15 years undl maturity You can purchase the bond for \$1,145. a. What is the yold to maturity on this bond? b. Should you purchase the bond if the yold is maturity on a comparable-risk bond is 8 porcent? a. The yold to maturity on the Saleomi bonds is 14 (Round to two docimal places)

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