The saleemi corporations 1000 bonds pay 8 interest annually, Ask an Expert

Finance

The Saleemi Corporation's $1,000 bonds pay 8% interest annually and have 9 years until maturity. You can purchase the bond for $1,145.

A. what is the yield to maturity on the bond? The yield to maturity on the Saleemi bond is what __%. (Round to two decimal places)

B. Should you purchase the bond if the yield to maturity on a comparable-risk bond is 7%?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91671359

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