Question: HW Ch06 0 Saved 4. Problem 6-4 Bond Yields [LO 2] 11.11 point The Petit Chef Co, has 11.8 percent coupon bonds on the market

HW Ch06 0 Saved 4. Problem 6-4 Bond Yields [LO 2] 11.11 point The Petit Chef 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 $1124.97, 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.) BOOM Yield to maturity References

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