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8. The Timberlake-Jackson Wardrobe Co. has 7 percent coupon (semi-annual) bonds on the market with 8 years left to maturity. The bonds make semi-annual
8. The Timberlake-Jackson Wardrobe Co. has 7 percent coupon (semi-annual) bonds on the market with 8 years left to maturity. The bonds make semi-annual payments. If the bond currently sells for $920, what is its YTM? (Face Value = $1000)
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas
10th edition
133796833, 133427536, 9780133796834, 978-0133427530
