our yield to maturity on the Abner bonds is _____​%.​(Round to two decimal​ places.)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
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Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 4EA: On January 1, 2018, Wawatosa Inc. issued 5-year bonds with a face value of $200,000 and a stated...
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 Abner​ Corporation's bonds mature in 16years and pay 12 percent interest annually. If you purchase the bonds for ​$800​, what is your yield to​ maturity?
 
Part 1
Your yield to maturity on the Abner bonds is _____​%.​(Round to two decimal​ places.)
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