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The bond's yield to maturity is , % . ( Round to two decimal places. ) (Related to Checkpoint 9.2) (Yield to maturity) The market
The bond's yield to maturity is Round to two decimal places.
(Related to Checkpoint 9.2) (Yield to maturity) The market price is S750 for a 9-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bonds yield to maturity? The bonds yield to maturity is OYO. (Round to two decimal places.)
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