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(Yold to metuilly) Assume the market price of a 11-year bond for Margaret Inc. is $1,100, and it has a par value of $1,000. The

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(Yold to metuilly) Assume the market price of a 11-year bond for Margaret Inc. is $1,100, and it has a par value of $1,000. The bond hos anaal interest rate of 9% that is paid somnuly What is the yield to maturity of the bond? The yield to maturity of the bond is % (Round to two decimal places)

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