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(Yield tomaturity) AbnerCorporation's bonds mature in 25 years and pay 8 percent interest annually. If you purchase the bonds for $1,125, what is your yield

(Yield tomaturity)AbnerCorporation's bonds mature in 25 years and pay 8 percent interest annually.

If you purchase the bonds for $1,125, what is your yield tomaturity?

Round to Two Decimal Places

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