Question: ( Related to Checkpoint 9 . 2 ) ( Yield to maturity ) The market price is $ 7 5 0 for a 1 2

(Related to Checkpoint 9.2)(Yield to maturity) The market price is $750 for a 12-year bond ( $1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bond's yield to maturity?
The bond's yield to maturity is %(Round to two decimal places.)
(Related to Checkpoint 9.2)(Yield to maturity) The market price is $750

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