What is the yield to maturity on this bond should you


The Saleemi? Corporation's $1,000 bonds pay 7 percent interest annually and have 14 years until maturity. You can purchase the bond for $935.

  1. What is the yield to maturity on this? bond?
  2. Should you purchase the bond if the yield to maturity on a? comparable-risk bond is 9 percent?

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Finance Basics: What is the yield to maturity on this bond should you
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