Abner corporations bonds mature in 15 years and pay 7


Abner? Corporation's bonds mature in 15 years and pay 7 percent interest annually. If you purchase the bonds for ?$825?, what is your yield to? maturity? 

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

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Finance Basics: Abner corporations bonds mature in 15 years and pay 7
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