Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in 16 years and pay 7...

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Accounting

Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in 16 years and pay 7 percent interest annually. If you purchase the bonds for $1 comma 225, what is your yield to maturity? Your yield to maturity on the Abner bonds is nothing%

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