Question: - e y alization... HUMAN RESOUR- ork 4 chapters 6 and 7 6 Help The Timberlake Jackson Wardrobe Co. has 11.8 percent coupon bonds on

- e y alization... HUMAN RESOUR- ork 4 chapters 6 and 7 6 Help The Timberlake Jackson Wardrobe Co. has 11.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,124.97, what is the YTM? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity

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