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The Saleemi? Corporation's ?$1,000 bonds pay 9 percent interest annually and have 12 years until maturity. You can purchase the bond for ?$1,115.
a. What is the yield to maturity on this? bond?
b. Should you purchase the bond if the yield to maturity on a? comparable-risk bond is 6 percent?
1.this question is about the theory of money demand.aconsider two financial assets a and b which could be quite
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