Pelzer printing inc. has bonds outstanding with 9 years left to maturity. the bonds have a 8% annual coupon rate and were issued 1 year ago at their par value of $1,000. however, due to changes in interest rates, the bond's market price has fallen to $910.40. the capital gains yield last year was -8.96%.what is the yield to maturity? do not round intermediate calculations. round your answer to two decimal places.

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e. g.