The timerlake-jackson wardrob co has 117 coupon bond on the


The Timerlake-Jackson Wardrob Co. has 11.7% coupon bond on the market with 11 years left to maturity. The bonds make annual payments and have a par value of $1000. If the bonds currently sell for $1,153.60 what is the YTM?

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Financial Management: The timerlake-jackson wardrob co has 117 coupon bond on the
Reference No:- TGS01705306

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