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The Saleemi? Corporation's ?$1000 bonds pay 8 percent interest annually and have 11 years until maturity. You can purchase the bond for ?$905 a. ?

The Saleemi? Corporation's ?$1000 bonds pay 8 percent interest annually and have 11 years until maturity. You can purchase the bond for ?$905

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

1111

?percent?

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