Question: The Timberlake - Jackson Wardrobe Co . has 1 0 . 2 percent coupon bonds on the market with eleven years left to maturity. The

The Timberlake-Jackson Wardrobe Co. has 10.2 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. $1,165.00, 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
%
 The Timberlake-Jackson Wardrobe Co. has 10.2 percent coupon bonds on the

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