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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 price is $1 ,

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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 price is $1 , 150 for a 15-year bond ($1 1000 par value) that pays B percent annual interest, but makes interest payments on a semiannual basis (4 percent semiannually) What is the bond's yield to maturity? The bond's yield to maturity is (Round to two decimal places)

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