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Yield to maturity) Abner Corporation’s bonds mature in 18 years and pay 11 percent interest annually.

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(Yield to maturity) Abner Corporation’s bonds mature in 18 years and pay 11 percent interest annually. If you purchase the bonds for $1125 , what is your yield to maturity?

Your yield to maturity on the Abner bonds is %. (Round to two decimal places.)

 
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