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

(Related to Checkpoint9.2)(Yield to maturity) The market price is $1,150 for a 10-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? Question content area bottom Part 1 The bond's yield to maturity is (type your answer in percentage form and round to two decimal places) enter your response here%

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