Compute the? bond yield to maturity

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?Fingen's 11?-year, ?$1,000 par value bonds pay 11 percent interest annually. The market price of the bonds is ?$950 and the? market's required yield to maturity on a? comparable-risk bond is 13 percent.

Compute the? bond's yield to maturity. (%, Round to two decimal places)

Determine the value of the bond to? you, given your required rate of return. ($, Round to two decimal places, EX 102.25)

Should you purchase the? bond?

Reference no: EM132668259

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