(Related to Checkpoint 9 2) (Yield to maturity) The Ssieoni Corporation's $1,000 bonds pay 11...
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(Related to Checkpoint 9 2) (Yield to maturity) The Ssieoni Corporation's $1,000 bonds pay 11 percent interest annually and have 12 years until matunty You con purchase the bond for $995 a. What is the yiold to maturity on this bond? b. Should you purchase the bond it the yedd to maturity on a comparable-nsk bond is 14 peecont? a. The yeld to matunty on the Sakeeri bonds t (Fiound to two decimal placest)
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