(Rolated to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's 51,000 bonds pay 5 percent...
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(Rolated to Checkpoint 9.2) (Yield to maturity) The Saleemi Corporation's 51,000 bonds pay 5 percent interest annually and have 14 years until maturity. You can purchase the bond for 51,155 a. What is the yield to maturity on this bond? b. Should you purchase the bond it the yield to maturty on a comparable-nsk bond is 2 percent? a. The yield to maturty on the Saleemi bonds is \%. (Round to two decimal places)
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