Should you purchase the bond if the yield to maturity on a


The Saleemi Corporation's $1,000 bonds pay 11% interest annually and have 12 years until maturity. You can purchase the bond for $1,075. What is the yield to maturity on this bond? Should you purchase the bond if the yield to maturity on a comparable-risk bond is 11%?

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Basic Computer Science: Should you purchase the bond if the yield to maturity on a
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