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PLEASE HELPY QUIZ ENDS IN 30 MINUTES!! The Timberlake Jackson Wardrobe Co. has 10 percent coupon bonds on the market with eight years left to

PLEASE HELPY QUIZ ENDS IN 30 MINUTES!! image text in transcribed
The Timberlake Jackson Wardrobe Co. has 10 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1.100, what is the YTM? 8.95% 8.24% 8.48% 9.18% 8.71%

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