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The Saleemi corporations $1000 bonds pay 6% interest annually and have 13 years until maturity. You can purchase a bond for $895. A. what is
The Saleemi corporations $1000 bonds pay 6% interest annually and have 13 years until maturity. You can purchase a bond for $895.
yield to muturity on this bond? purchase the bond it the yield to muturity on a comparable tisk bond is 9 percent? muturty on the Saleemi bonds is \&. (Round to two decimal places) A. what is the yield to maturity on this bond?
B. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 9%?
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