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The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 12 years until maturity. You can purchase the bond for $945. a. What

The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 12 years until maturity. You can purchase the bond for $945. 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 6 percent? Question content area bottom Part 1 a. The yield to maturity on the Saleemi bonds is

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