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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the timberlake-jackson wardrobe co has 113 percent coupon bonds on the market with eight years left to maturity the
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