Question: I need help with these problems (Related to Checkpoint 9.2) (Yield to maturity) Hoyden Co's bonds mature in 15 years and pay 9 percent interest.

I need help with these problems

(Related to Checkpoint 9.2) (Yield to maturity) Hoyden Co's bonds mature in 15 years and pay 9 percent interest. annually. If you purchase the bonds for $1,200, what is their yield to maturity? The yield to maturity on the Hoyden bonds is \%. (Round to two decimal places.) (Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 16 years and pay 9 percent interest annually. If you purchase the bonds for $1,250, what is your yield to maturity? Your yield to maturity on the Abner bonds is \%. (Round to two decimal places.)

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