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W Part 1 of 2 Points: 0 of 10 (Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 7 percent
W Part 1 of 2 Points: 0 of 10 (Related to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's $1,000 bonds pay 7 percent interest annually and have 14 years until maturity. You can purchase the bond for $1,125. a. What is the yield to maturity on this bond? nei b. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 4 percent? 04/ 03/ 50% a. The yield to maturity on the Saleemi bonds is %. (Round to two decimal places.) imi % d ter ( 12
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