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8. The T Wardrobe Co. has 6 percent coupon (semi-annual) bonds on the market with 9 years left to maturity. The bonds make semi-annual
8. The T Wardrobe Co. has 6 percent coupon (semi-annual) bonds on the market with 9 years left to maturity. The bonds make semi-annual payments. If the bond currently sells for $980, what is its YTM? (Face Value $1000)
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