The timberlake-jackson wardrobe co has 117 percent coupon
The Timberlake-Jackson Wardrobe Co. has 11.7 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 $1,153.60, what is the YTM?
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the timberlake-jackson wardrobe co has 117 percent coupon bonds on the market with eleven years left to maturitythe
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