Question: The Mignon Chef Co . has 1 0 . 7 percent coupon bonds on the market with eleven years left to maturity. The bonds make

The Mignon Chef Co. has 10.7 percent coupon bonds on the market with eleven years left to maturity. The bonds make annual payments and have a par value of $1,000.
If the bonds currently sell for $1,161.06, what is the YTM?(Do not round intermediate calculations.)
\table[[NPER,11],[Coupon rate,10.7%
The Mignon Chef Co. has 10.7 percent coupon bonds on the

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