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Ackerman Co. has 8 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments. If the bond currently

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Ackerman Co. has 8 percent coupon bonds on the market with nine years left to maturity. The bonds make annual payments. If the bond currently sells for $1,096.31, what is its YTM? Assume a par value of $1,000 0 8.75% 0 6.55% o 735% 9.49% 0 71.49%

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