​(Yield to​ maturity)  Hoyden​ Co.'s bonds mature in 8 years and pay 11 percent interest annually. If you purchase the bonds for ​$1,075​, what is their yield to​ maturity?       Question content area bottom Part 1 The yield to maturity on the Hoyden bonds is enter your response here​%. ​ (Round to two decimal​ places.)

Essentials Of Investments
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(Related to Checkpoint​ 9.2)  ​(Yield to​ maturity)  Hoyden​ Co.'s bonds mature in
8
years and pay
11
percent interest annually. If you purchase the bonds for
​$1,075​,
what is their yield to​ maturity?
 
 
 

Question content area bottom

Part 1
The yield to maturity on the Hoyden bonds is
enter your response here​%.
​ (Round to two decimal​ places.)
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