What is the approximate yield to maturity for a 12-year, Financial Management

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What is the approximate yield to maturity for a 12-year

1. Complete the following table: Purchase price of product Schwinn Mountain Bike Down payment Amount financed Number of monthly payments Amount of monthly payments Total of monthly payments Total finance charge $252 $100 $ 12 $16.00 $ $

2. What is the approximate yield to maturity for a 12-year bond that pays 10% interest on a $1000 face value annually if the bond sells for $950? (Do not round intermediate calculations.)

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