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(Yield to maturity)Hoyden Co.'s bonds mature in 14 years and pay 11 percent interest annually. If you purchase the bonds for $1,100, what is their

(Yield to maturity)Hoyden Co.'s bonds mature in

14

years and pay

11

percent interest annually. If you purchase the bonds for

$1,100,

what is their yield to maturity?

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