The timberlake-jackson wardrobe co has 113 percent coupon


The Timberlake-Jackson Wardrobe Co. has 11.3 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 $1,127.30, what is the YTM?

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Financial Management: The timberlake-jackson wardrobe co has 113 percent coupon
Reference No:- TGS02309264

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