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Score: 0 of 4 pts 8 of 12 (3 complete) HW Score: 20%, 10 of 50 pts P9-14 (similar to) Question Help (Related to Checkpoint

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Score: 0 of 4 pts 8 of 12 (3 complete) HW Score: 20%, 10 of 50 pts P9-14 (similar to) Question Help (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 21 years and pay 14 percent interest annually. If you purchase the bonds for $1,200, what is your yield to maturity? Your yield to maturity on the Abner bonds is %. (Round to two decimal places.)

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