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(Related to Checkpolnt 9.2) (Yeld to maturity) Abner Corporation's bonds mature in 10 years and pay 9 percent interest annualy. If you purchase the bonds

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(Related to Checkpolnt 9.2) (Yeld to maturity) Abner Corporation's bonds mature in 10 years and pay 9 percent interest annualy. If you purchase the bonds for S850, what is your yleld to maturity? Your yleid to maturly on the Abner bonds is 10.94%. (Round to two decimal places)

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