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The Saleemi Corporation's $1,000 bonds pay 12% interst annually and have 11 years until maturity. You can purchse the bond for $995. a. what is
The Saleemi Corporation's $1,000 bonds pay 12% interst annually and have 11 years until maturity. You can purchse the bond for $995. a. what is the yield to maturity on the bond? The yearl to maturity on the Saleemi bond is what %. B. Should you purchse the bondif the yield to maturity on a comparable-risk bond is 14%?
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