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What is the yield to maturity on bond

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Reference no: EM132951458

The Saleemi? Corporation's ?$1,000 bonds pay 9 percent interest annually and have 13 years until maturity. You can purchase the bond for ?$1,145.

a. What is the yield to maturity on this? bond? (use a financial calculator) The yield to maturity on the Saleemi bonds is __________?%

b. Should you purchase the bond if the yield to maturity on a? comparable-risk bond is 9 ?perc

Reference no: EM132951458

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