Question: Saved ework Chapter 6 and 7 The Timberlake Jackson Wardrobe Co has 10.3 percent coupon bands on the market with eight years left to maturity.

Saved ework Chapter 6 and 7 The Timberlake Jackson Wardrobe Co

Saved ework Chapter 6 and 7 The Timberlake Jackson Wardrobe Co has 10.3 percent coupon bands on the market with eight years left to maturity. The bonds make annual payments and have a par value of $1,000. # the bonds currently sell for $1132.17. 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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