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u lei (Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 8 years until maturity.

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u lei (Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 8 years until maturity. You can purchase the bond for $865 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 8 percent? on a. The yield to maturity on the Saleemi bonds is % (Round to two decimal places.) se ice

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